There is a further awakening among the real intellectuals. Professor E. R. A. Selignian, head of the department of economics, Columbia University, in his "Economic Interpretation of History, page 162. says: —"It ... is safe to predict that when the future histou-a of economics and social science comes to deal with the great transition of recent years, he will be compelled to assign to Karl Marx a far more pitfotmAnent place than has hitherto been oustomairy outside of the naJTOow omnks of the Socialists themselves/ -, m -..- * Wo Tiave to-day the touch of Midas which enables us to transmute all things into gold, but it is bringing with it a long train of evils because we have no knowledge of that higher alchemy which would enable us to transmute it into -nod things for hximanity. The modern financiers, masters of industry, merchants and transporters who hold control of movable capital., hold both social and political power. The reptitation of America to-day, morally and intellectually, is not nearly so well established as her reputation materially and commercially. We are following fast in the same pathway. While working overtime In heaping xip a surplus, the glory of the world, the beauty of life, the pleasure of content are passing by on the other side, unknown and unnoticed. —"Wangaai Chronicle."
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Bibliographic details
Maoriland Worker, Volume I, Issue 7, 20 March 1911, Page 20
Word Count
215Page 20 Advertisements Column 1 Maoriland Worker, Volume I, Issue 7, 20 March 1911, Page 20
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