free labor in the North is, however, a constantly increasing proof that
labor _is_ capital.

Let the reader carefully digest this statement, and regard it not as an
abstraction of political economy, but as setting forth a vital truth
intimately allied to our closest interests, and to a future involving
the most serious emergencies. We are at a crisis which demands a new
influx of political thought and new principles. Our Revolution, with its
Constitution, was such an epoch; so too was the old strife between
Federalism and Democracy, in which both sides contended for what were
their rights. Since those days we have gone further, and the present
struggle, precipitated by the madness and folly of the South, sees
those who understand the great and glorious question of free labor with
its affinities to capital, endeavoring to prepare the way for a grand
coming North American Union, in which poor and rich hand in hand shall
press on, extending civilization, and crushing to the ground all
obsolete demagogueism, corruption, and folly.

It is time that the word 'radical' were expunged from our political
dictionary. Under the old system of warfare men were regarded as being
divided into the 'poor,' who were 'out' of capital, and the rich, who
were 'in.' The progress of good, honest, unflinching _labor_ is causing
men to look higher than these old limitations. We want no 'outs' or
'ins'--in this country every man should be 'in,' given heart and soul to
honest industry. And no man or woman who can _work_ is without capital,
for every such person is a capital in self. When politics are devoted,
as they must be, to extending education and protecting industry, we
shall hear no more of these absurd quarrels between the 'conservative'
and 'radical' elements.