War, weather, famine,
stocks, strikes, elections, all have a say. Yet, to a certain degree,
there are those who rule price. As a representative of the ideal, as
executors of social trust, how shall each one use his Power of Price?
The man who has control of a price--a price for a day's labor, for
wages, for a cargo, or for any kind of product--has control of the
living conditions of the one who works for him. The question is not: How
shall I grind down price to the lowest? It is: What price will be an
ethical return to this man for his social toil?--just to me for my
brains, my capital, my energy, my distributing power,--just to him for
his brains, his time, his skill, his artistic perceptions, his fidelity
and honor? Each buyer must henceforth not only resolve: I will buy only
what I can pay for, but, what I can pay for at a just rate. So far as
lies in my power, I will make an adequate return to society for this
personal benefit.
Some one says: Do you realize that you are making a moral laughing-stock
of much of our system of trade? that you are setting an axe to that
system, more cutting than the axe of any Socialist, Nihilist, or
Anarchist in the world? Oh, no.
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