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The new industrial revolution and wages

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fullscreen: The new industrial revolution and wages

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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Chapter

Document type:
Monograph
Structure type:
Chapter
Title:
Chapter VIII. Acceptance and general application of the theory of productive efficiency
Collection:
Economics Books

Contents

Table of contents

  • The new industrial revolution and wages
  • Title page
  • Contents
  • Chapter I. Introduction
  • Chapter II. Pre-war principles and methods
  • Chapter III. The war period - an interregnum
  • Chapter IV. Post-war conflict and reconstruction
  • Chapter V. The emergence of a new constructive policy
  • Chapter VI. Abandonment of the cost-of-living and supply-and-demand theories
  • Chapter VII. Acceptance of the theory of an adequate basic wage
  • Chapter VIII. Acceptance and general application of the theory of productive efficiency
  • Chapter IX. Increased consumption and prospertity accepted as an outgrowth of lower costs and higher wages
  • Chapter X. The real significance of the new industrial revolution, and the conditions of future progress
  • Chapter XI. Constructive remedies needed
  • Chapter XII. Labor and the new industrial revolution

Full text

194 [INDUSTRIAL REVOLUTION AND WAGES 
In the investigations made by the Bureau of Labor 
Statistics, allowance has been made for the shortened 
hours during recent years as well as for the decline in the 
number of workers. On the basis of 1914 as 100, the 
following advances in the output of individual workers, 
by leading industries, are shown for the period 1914-1925: 
Industry 
Per Cent 
Increase in 
Individual Output 
Tron and Steel Industry: 
As a Whole........ 
Blast Furnaces ..... cccoeeveoanne 
Steel Works and Rolling Mills... 
Boots and Shoes...  - 
Leather Tanning ....... . a ws 
Slaughtering and Meat Packing... . 
Petroleum Refining ...-...... 
Paper and Wood Pulp........ 
Cement Manufacturing .. 
Automobiles ..... 
Rubber Tires .. 
Flour Milling ...... 
Cane Sugar Refining...... 
39 
54 
59 
(to 1923) 
2 
7 
7 
—— 
During the same period, the productivity of all steam 
railroad employees increased 40 per cent. per man-hour, 
and of train and engine crews alone 34 per cent. As meas- 
ured by the average daily tonnage per man employed, the 
bituminous coal miner produced 25 per cent. more in 1925 
than he did in 1915.2 
In terms of the increase of horse-power, and of output 
per wage-earner in manufacturing, the National Industrial 
Conference Board has prepared the following striking 
comparison, by years, for the period 1899-1925: 
1 For studies of increased productive efficiency of industry and- of labor, 
see the following: “Commerce Yearbook, 1926,” pp. 1-26; “Handbook of Labor 
Statistics,” U. S. Bureau Labor Statistics, 1924-1926, pp. 528-558; “American 
Labor Year Book, 1928,” pp. 39-46; “Industry’s Coming of Age,” by Rexford 
Guy Tugwell, Harcourt, Brace & Co., New York, 1927, pp. 1-28; Bulletins No. 
7 and No. 20—National Industrial Conference Board, Inc., New York,
	        

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The New Industrial Revolution and Wages. Funk & Wagnalls, 1929.
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