The new industrial revolution and wages

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Monograph

Identifikator:: 1804651486

URN:: urn:nbn:de:zbw-retromon-193069

Document type:: Monograph

Author:: Lauck, William Jett http://d-nb.info/gnd/173237126

Title:: The new industrial revolution and wages

Place of publication:: New York

Publisher:: Funk & Wagnalls

Year of publication:: 1929

Scope:: ix, 308 S.; graph. Darst.

Digitisation:: 2022

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Chapter VII. Acceptance of the theory of an adequate basic wage

Collection:: Economics Books

142 INDUSTRIAL REVOLUTION AND WAGES From that time forward the representatives of the em- ployees constantly urged the Board to give a practical application to the living wage. Not until June 10, 1922, however, or almost two years after the declaration in Decision No. 2, did the Board give any further indication of its attitude. In Decision No. 1074 (Docket 1300), effective July 1, 1922, having to do with clerks, freight handlers, express handlers, station men, and other classes of employees, the Board said: The Labor Board can not venture too far into the realms of economic prophecy, but it is generally conceded to be fairly plain and certain that our country has entered upon an era of gradually increasing business prosperity which will be liberally shared by the carriers. That the carriers shall have a fair opportunity to profit by the revival of business in order that they may expand their facilities is absolutely indispen- sable to their efficient service to the American public. Their unpreparedness now to cope with any greatly increased traffic is notorious. Every facility of railway transportation has been skimped for the last several years, and, as to mileage, there has been an actual decrease instead of an increase. This statement, in the connection used, must not be mis- construed to mean that the employees should be called upon to bear the cost of railway rehabilitation, improved service and reduced rates. It simply means that it is only patriotic common sense and justice that every citizen, including the railway employee, should cooperate in a cordial spirit, should bear and forbear, until the carriers are back on their feet. When this accomplishment is safely under way, it will then be possible for the Railroad Labor Board to give increased consideration to all the intricate details incident to the sci- entific adjustment of the living and saving wage, with en- larged freedom from the complications of the “relevant circumstances” of the abnormal period which is now ap- proaching its end. . + « In the settlement of these questions, it is the profound

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