Capital Day should precede Labor Day |

Capital Day should precede Labor Day

Each Labor Day I am reminded of my brother who constantly advocated for the Saturday before Labor Day to be set aside as Capital Day. He thought such honor should be bestowed because without capital there would be no labor.

He had a financially poor background being 12th out of 13 children. He was a gifted student and won a scholarship to Harvard, served in World War II and fell in love with California. He, with two other men, founded a small bank in Arroyo Grande. It grew to a chain of 24 banks and he passed away as a very wealthy man. He funded football fields, gymnasium floors and many more charitable donations. He said that his success was due to the wonderful country he lived in, that one could start from a meager beginning and achieve success. Without capital and labor we would be a Communist state, so without capital there would be no labor.

Thus we should honor capital on the Saturday before Labor Day as both deserve this recognition.

Eileen Hawkes

Alta Sierra

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