advantages than
heretofore to both capitalist and laborer, the just adaptation of supply
and demand in community, the mutually beneficial cooeperation of employer
and employe, these and other questions of deep significance to the whole
community have reached a theoretical, and, to a limited extent, a
practical solution, which the students of social science patiently wait
to communicate to the active workers in commercial or industrial
affairs. For the want of this knowledge, now ready at their call, the
capitalists and the employers are suffering, no less than the laborers
and the employed. There is not a single department of human labor in
which principles are not now known to the industrial scientist, which
would enhance many fold the value of the means employed in such
business, to the equal advantage of the owner of the capital and his
assistants. The merchants, the bankers, the manufacturers, and the
master mechanics are making a wasteful and inferior use of their
material, while at the same time they are inadvertently keeping the
lower classes in poverty by the want of a knowledge of these modern
discoveries. It is from this lack of information only that the poor of
New York, who to-day are steeped in their filth, their squalor, and
their penury, are not each and all of them enjoying the comforts of a
moderate competence and a decent home, the securing of which for them
would have, at the same time, enhanced the wealth of the employers. The
way to gain the allegiance, devotion, and fidelity of the poorer orders,
is easy and simple. The problem of the harmonization of the interests of
classes in community with mutual benefit to all, is scientifically
solved. It only remains for the intelligent and benevolent to give due
attention to the teachings of science in order to secure the most
beneficial results.

Already these modern industrial principles are being adopted in some
considerable degree into active practice by eminent citizens. In New
York city the methods of recent discoveries are being introduced into
large manufactories with the most satisfactory and beneficial results to
all concerned. But these attempts, as yet, have been undertaken without
any thorough examination of the whole scope of principles relating to
the operations in hand, and hence without the largest achievable
results. These will come when the intelligent and moneyed classes awake
to the importance of the subject; to the understanding that