Thank you for visiting SNEWPapers!
Sign up free
Editorial
August 18, 1906
The Savannah Tribune
Savannah, Chatham County, Georgia
What is this article about?
William Jennings Bryan discusses how socialism's strength derives from shared advocacy with individualists for reforms such as public ownership of utilities, usury laws, and restrictions on child labor, which align with true competitive principles under individualism.
OCR Quality
98%
Excellent
Full Text
Interests in Common
Socialists Advocate Certain Reforms Which
Individualists Also Advocate.
By William Jennings Bryan.
Much of the strength developed by socialism is due to the
fact that socialists advocate certain reforms which individualists
also advocate. Take, for illustration, the public ownership
of waterworks. It is safe to say that a large majority
of the people living in cities of any considerable size
favor their public ownership—individualists because it is
practically impossible to have more than one water system
in a city, and socialists on the general ground that the government
should own all the means of production and distribution.
The sentiment in favor of municipal lighting plants is not yet so
strong, and the sentiment in favor of public telephones and public street car
lines is still less pronounced; but the same general principles apply to them,
and individualists, without accepting the creed of socialism, can advocate the
extension of municipal ownership to these utilities.
Then, too, some of the strength of socialism is due to its condemnation
of abuses which, while existing under individualism, are not at all necessary
to individualism—abuses which the individualists are as anxious as the socialists
to remedy. It is not only consistent with individualism, but is a
necessary implication of it, that the competing parties should be placed upon
substantially equal footing: for competition is not worthy of that name if
one party is able arbitrarily to fix the terms of the agreement, leaving the
other with no choice but to submit to the terms prescribed. Individualists,
for instance, can consistently advocate usury laws which fix the rate of interest
to be charged, these laws being justified on the ground that the borrower
and the lender do not stand upon an equal footing. Where the money-
lender is left free to take advantage of the necessities of the borrower, the
so-called freedom of contract is really freedom to extort. Upon the same
ground, society can justify legislation against child labor and legislation limiting
the hours of adult labor. One can believe in competition and still favor
such limitations and restrictions as will make the competition real and effective.
To advocate individualism it is no more necessary to excuse the
abuses to which competition may lead than it is to defend the burning of a
city because fire is essential to human comfort, or to praise a tempest because
air is necessary to human life.—The Century.
Socialists Advocate Certain Reforms Which
Individualists Also Advocate.
By William Jennings Bryan.
Much of the strength developed by socialism is due to the
fact that socialists advocate certain reforms which individualists
also advocate. Take, for illustration, the public ownership
of waterworks. It is safe to say that a large majority
of the people living in cities of any considerable size
favor their public ownership—individualists because it is
practically impossible to have more than one water system
in a city, and socialists on the general ground that the government
should own all the means of production and distribution.
The sentiment in favor of municipal lighting plants is not yet so
strong, and the sentiment in favor of public telephones and public street car
lines is still less pronounced; but the same general principles apply to them,
and individualists, without accepting the creed of socialism, can advocate the
extension of municipal ownership to these utilities.
Then, too, some of the strength of socialism is due to its condemnation
of abuses which, while existing under individualism, are not at all necessary
to individualism—abuses which the individualists are as anxious as the socialists
to remedy. It is not only consistent with individualism, but is a
necessary implication of it, that the competing parties should be placed upon
substantially equal footing: for competition is not worthy of that name if
one party is able arbitrarily to fix the terms of the agreement, leaving the
other with no choice but to submit to the terms prescribed. Individualists,
for instance, can consistently advocate usury laws which fix the rate of interest
to be charged, these laws being justified on the ground that the borrower
and the lender do not stand upon an equal footing. Where the money-
lender is left free to take advantage of the necessities of the borrower, the
so-called freedom of contract is really freedom to extort. Upon the same
ground, society can justify legislation against child labor and legislation limiting
the hours of adult labor. One can believe in competition and still favor
such limitations and restrictions as will make the competition real and effective.
To advocate individualism it is no more necessary to excuse the
abuses to which competition may lead than it is to defend the burning of a
city because fire is essential to human comfort, or to praise a tempest because
air is necessary to human life.—The Century.
What sub-type of article is it?
Economic Policy
Labor
Social Reform
What keywords are associated?
Socialism
Individualism
Public Ownership
Municipal Utilities
Usury Laws
Child Labor
Competition Abuses
What entities or persons were involved?
William Jennings Bryan
Socialists
Individualists
Editorial Details
Primary Topic
Common Interests Between Socialists And Individualists In Advocating Reforms
Stance / Tone
Supportive Of Reforms Compatible With Individualism To Counter Socialist Appeal
Key Figures
William Jennings Bryan
Socialists
Individualists
Key Arguments
Socialism Gains Strength From Advocating Reforms Like Public Ownership Of Utilities That Individualists Also Support
Public Ownership Of Waterworks Favored By Majority In Cities For Practical Reasons By Individualists And Ideological By Socialists
Extension Of Municipal Ownership To Lighting, Telephones, And Street Cars Possible Without Accepting Socialism
Socialism Condemns Abuses Under Individualism That Individualists Also Seek To Remedy
Competition Requires Equal Footing, Justifying Usury Laws To Prevent Extortion
Legislation Against Child Labor And Limiting Adult Labor Hours Consistent With Real Competition
No Need To Excuse Competition's Abuses To Advocate Individualism