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 II. Pre-war principles and methods

Collection:: Economics Books

PRE-WAR PRINCIPLES AND METHODS 33 war period, were designed primarily to protect wage-earn- ers on the lowest margin of the industrial scale. This additional conception—that of compensation for produc- tive efficiency—had for its purpose the establishment of the claim of the more skilled workers for a larger partici- pation in profits and revenues. It was first advanced in 1913 in a wage arbitration by the Brotherhood of Locomo- tive Firemen and Enginemen, and in the two succeeding years was also vigorously put forward by the Brotherhood of Locomotive Engineers and other railway labor organ- izations. The exhaustive analyses of railway operating and financial performance which were developed, and the comprehensiveness with which the theory was worked out, may be best seen from the presentation made jointly by the engineers and firemen to an arbitration board sitting in Chicago in 1915, to pass upon a wage dispute between these two classes of employees and all the railroads west of the Mississippi River. Summarily stated, it was as follows 1 During recent years the Western Railroads have made extraordinary gains in operating efficiency. By the installa- tion of locomotives of greater tractive power and cars of greater capacity, by the addition of a greater number of cars to freight and passenger trains, by the elimination of curves and the reduction of grades, and also by the strengthening of roadbed and structures, remarkable increases in freight train loads have been accomplished, and it has been possible to move a constantly increasing volume of traffic, or of ton and passenger miles. These developments have been attended oy a three-fold effect upon Engineers and Firemen: oT eel 1 Briefs submitted by Presidents W. S. Carter and Warren S. Stone, and W. Jett Lauck, Economist, in behalf of Brotherhoods of Locomotive Engineers and Locomotive Firemen and Enginemen. Western Arbitration, 1914-1915, under auspices of United States Board of Mediation and Conciliation, pp. La Stockett, “The Arbitral Determination of Railway Wages,” Chap- ter .

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