Capital And Labor

Vhen Falstaft sent bis page to Jïiaster Dunibleton for a satín cloak, and offured his bond and Bardolph's for paymeut, the onswer was that the " tailor liked not the Becurity." The KuightcalledDuiubleton a rascaLly knave to stand upon scourity, and cried, "I -wculd as lief tlioy wouid put ratsbane in my inouth as stop it witk becurity." He who gocs a borrowing, goes a Borrowir.g. Not only Shyloeks, but most capitalista are deaf to borrow - ers, bcoause they, as well as FulsUff'a tailor, "like net the security." Capitalists will not lend a poor man money. 'i'hcy deumnd security. As he cannot I dorse, others will not endorse for him. , He has no lands, no chnttels, on which he can give a mortgáge. Where ho is sanguino that he can doublé the money he wishes to borrow, they say to him, "you may be robbed or choated, or your investniciit nmy bc burned up and your insurance worthless, or you may abscond, or your dei'.th may blight he brighteat prospecta" -"we like not your security." It is i "castle in the air." Again, capitalists shun putting their investmonts into the hands of any poor Itranger. They are distrustful of his }ionesty where there is a chance tor fraud ; of hisuouipetenefi, where skill isdemandod; of his zoal, whcro he has no interest at stake; and of his vigilance, where there are temptations to negligence. He might carve out his fortune, but no one will trust him with the tools. But must capital and labor necds be hostileV Is there no way in which capitalists can be just to themselvs, and ye' generous to borrowers? Yes, they can. How f by land sales on ten years credit, and sil per cent. interest. The borrower cannot be chuated out of land which is not Heeded to him tillhe hasfinishedpaying ifsiii-. He cannot inn aivay with it. No fire oan burn it up. He cannot lessen its Talfe. The labor, and money he lays out or it will increase that value. He cannot strip it of lamber, more than he can pull hfcir f rom a bald head. Nor ia such a loan is his hoïiesty, cötnpefeiice, zeal or vigilanci: di; trust ed. He is stiin■ulated to tlie exeioise of them all by his fear of losing the suin he paidin advance, together with wh;iti;ver he lays out to improve his farm, and by his hope of making it pay for itself, ai.d support him und his. Other borrowing dulis the edge of thiift - this sharpens it. The Burlington & Missouri River Eailroad Co., withiu tliirty three montboiiwardfroui april, 1870, sold in Iowa ar'jd Nfbrabka, "VM-,-9ë8 ■awps.-to 4,-52d purchasers,. metly en ten vt-ar eroiit, aï six p(r oeut. interest. The purchases averaged oahuiidred and t-ight acres apiece. Tfcus the B. & M. road bus l'urniphed 4#J4 loans, amountiug, in the aggregatu, to 14,666,498, to men, most of whomr Toulii have been unable to borrow from bwnks, or any other eourcc. lts long credit sales have given thein tools to work with. So it makes borrowers and k-ndeis friendly, airording lenders seeurity, and borrowurs all the ioans they oan use, fttid those such as will, in most cases, pay for theiBwelves. He whogives us a chance to help euiselviïs is the best helper. - J. D. Butltr.