William B. Weeden

Summary

William B. Weeden,  Popular Science Monthly (1875)

“ Now, as I understand supply and demand in the market, they are not dead-weights of matter, like a rock crushing my finger; they are forces like the gravitation controlling the rock, and which I must recognize if I would keep my finger whole and escape mental distress. These forces affect laborers and capitalists, producers and consumers alike, and they are the strongest influence in fixing market-prices. In fact, we may consider them the only forces present and active when the selling price is fixed. All other forces must have been transmuted before price can be fixed. ”
Source: Wikisource

William B. Weeden,  Popular Science Monthly (1875)

“ There is very little communistic sentiment in the United States, but many socialistic theories of a vague sort. That astute public servant, General Butler, would hardly be found uttering such nonsense, if it were not wanted in the sociopolitical market. The "glittering generality" of equality has partially corrupted the good sense of the citizen; only in part, but the effect is positive. Things are free, they say; why not have a better chance for all? Not through communism; property is both new and old here; it is sacred as a treasure, arid dear as a newly-born babe in Anglo-American eyes. ”
Source: Wikisource

William B. Weeden,  Popular Science Monthly (1875)

“ The American love of speculation tends in the same direction.
Then there is another principle moving in harmony with this. In great emergencies, when the state or social order is threatened, every American citizen becomes great, and views the State as belonging to all. In petty affairs, and every-day political matters, the average citizen, small capitalist as well as laborer, views the State as belonging to the many considered apart from the few. "The rich have enough; let the poor of the State lean to us," they would say. This blind instinct has entered into strikes and labor-struggles.
”
Source: Wikisource

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