Why Wages Should Absorb Profits. [Liberty, July 16, 1887.] Van Buren Denslow, discussing in the Truth Seeker the comparative rewards of labor and capital, points out that the present wage system divides profits about evenly between the two, instancing the railways of Illinois, which pay annually in salaries and wages $81,936,170, and to capital, which Mr. Denslow defines as the labor previously done in constructing and equipping the roads, $81,720,265. Then he remarks: No system of intentional profit-sharing is more equal than this, provided we assent to the principle that a day’s work already done and embodied in the form of capital is as well entitled to compensation for its use as a day’s work not yet done, which we call labor. Exactly. But the princip...