safety fund

Godek Gardwell, “Labor and Other Capital” The Merchants’ Magazine and Commercial Review, 18, 1 (January 1848), 65. Art. VIII.—LABOR AND OTHER CAPITAL:THE RIGHTS OF EACH SECURED, AND THE WRONGS TO BOTH ERADICATED. Freeman Hunt, Esq.—Dear Sir: Although it is universally admitted that nearly all wealth is the product of labor, yet the laboring classes of all civilized nations have been, and are, as a body, poor. If the natural product of labor be wealth, the natural result of toil would be competence or wealth to those who performed the labor, unless something intervened to deprive them of their natural rights. […]