Where The Loss Falls
From the New York Tribuue. Fourteen years ago there wan a great riot in New York. It will be reinemberod for scènes of brutality, but the destruction of property was fur lesa than at Pittsburgh the other day. Yet for that riot the taxpayers were held 11able for the ainount of nearly $2,000,000. Bonds were issued to meet the charge. On those bonds we have already paid more than a million and a half ot' interest. This year wa have to pay the iirst installment of the principal, amounting to half a million. The annual interest thus far has been nearly $112,000. Every penny of these large eums has come out of the poukuts of the laboring men of the metropolis. Every penny of the much larger sums payable on account of Pittsburgh, liultimore, Eeading, Hornellsville and other scènes of the present disturbance, must likewise oome out of the pockets of the working classes. It is idle to imagine that in this age of the world any burden can be laid upon capital that labor will not be finally forceï to bear. The tax which the rich man pays to the collector is paid again by the poor man n the form of house rent, butchers' bilis, ailors' bilis and the price of bread. All charges upon the community are paid y the whole community. Nobody can ;ot rid of paying his share. Nor is this all. The strikers have a lirect peouniary interest in the proserity of the very railroads they are rying to cripple. The business of the whole country is bound up with the 'ortunes of the railroads, and it is the condition of business which governs the market price of labor. When the railoads are paralyzed, all our cominerial operations are stricken as if with eath ; our factories stand idle, our hips lie idle at the wharf, our wareïouses are vacant. And the strikers nally must learn that it is the railroads hat leed them. They cannot stop the attle and grain cars without raising he price of beef and bread.
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Subjects
Old News
Michigan Argus