Land and Labor There is more prose than poetry in the desperate conflict now waging in every part of the civilized world between labor and capital,--between the dog and his tail, again, for, when the question is reduced to a comprehensive statement of fact, it will be readily seen that capital is the offspring of labor, not labor the offspring of capital.

Capital can produce nothing.

Left to itself, it is as valueless as the countless millions of gold, silver, copper, lead and iron that lie buried in the unexplored womb of Nature.

This storied wealth counts for nothing in its crude, undeveloped state.

As it is to-day, so it was a thousand years ago.