Rensselaer Republican, Volume 26, Number 33, Rensselaer, Jasper County, 12 April 1894 — VICTORY FOR ORGANIZED LABOR. [ARTICLE]
VICTORY FOR ORGANIZED LABOR.
An Important Decision in the Union Pacific Wage Case. At Omaha, Thursday, Judge Caldwell, of the United States Circuit Court, handed down a decision in the long ponding Union Pacific wago schedule case, In which ho ruled that tho receivers had no right to reduce tho schedules without consultation with the employes. Fair wages must bo paid even if the road does not earn dividends. In the long legal opinion this declaration of the court stands out most prominently: A corporation is organized capital; it Is capital consisting of money ana property. Organized labor is organized capital; it is capital consisting of brains and muscle. What it is lawful for one to do it is lawful for tho other to do. It is lawful for tho stockholders and officers of a corporation to associate and confer together for the purpose of reducing wages of its employes, or of division of some other meansof making their investments profitable; it is equally lawful for organized labor to associate, consult and confer with a view to maintain and increase wages. Both act from the prompting of enlightened selfishness, and the action of both Is lawful when no illegal means aro used or threatened.
