A SICK, EMACIATED SOCIAL SYSTEM
The hard times I have been describing were in the early nineties. The year before there had been a financial crash.
Nobody seemed to know what was the matter at the time, but it has since been learned that the hard times were the fruit of crop failures, if one can call failure fruit. All over the world bad years had destroyed the harvests. This great loss of foodstuffs was exactly the same as if armies in war had ravaged the fields.
Farmers had to borrow money to buy food. They had no other buying power. So trade languished, credit was strained, and finally came the financial collapse. It happened after the good crop years were returning. That's why the people could not understand it.
Farmers were raising crops again, but labor was idle and could not buy bread.
The lesson is this, when commerce is starved down to a certain point, it goes to pieces. Then when the food comes it can not assimilate it. It is like a man who has been without food for thirty days. His muscles have disappeared, his organs have shrunk, he can not walk; he is only skin and bones. The disappearance of the muscles is like the disappearance of labor's jobs in hard times. The shrinkage of the vital organs is like the shrinkage of capital and values. When the starved man is faced with food he can not set in and eat a regular dinner. He must be fed on a teaspoonful of soup, and it is many months before his muscles come back, his organs regain their normal size and he is a well-fed man again. So it is with the industrial state. It can be starved by crop failures, by war waste or by labor slacking on the job. Anything that lessens the output of field and factory, whether it be heaven's drought or man's loafing, starves the economic state and starves all men in it. If crop failure should last long enough, as it does in China, millions of men would die.
If war lasts long enough, as it did in Austria, millions of citizens must starve. If labor should try slacking, as it did in Russia, the economic state would starve to death and the workers die with it.
Men who have been through strikes and lockouts until they have been reduced to rags and hunger place no trust in the Russian theory that men can quit work and loaf their way to wealth. We loafed our way to hunger, misery and peonage. We saw that the whole world would come to our fate, if all should follow our example. Luckily we won our point, so we went back to work and helped feed the starved social state, and in a few years America was rich again. And America continued rich and fat until the World War wastage shrank her to skin and bones again. Much of her muscle has disappeared (1921: five million workers are idle) and she must be nursed back by big crops, and big output by labor before she will be strong enough to reabsorb into her system every muscle in America.
That's my belief. That's my gospel. I did not make this gospel.
It is God's law and we can not alter it. If I were asked to write the BIBLE OF LABOR, this chapter would be the law and the prophets. And from these truths I would advise each man to write his own Ten Commandments.