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 III. The war period - an interregnum

Collection:: Economics Books

THE WAR PERIOD—AN INTERREGNUM 43 Labor Board. The first two agencies were primarily con- cerned with policies of control and administration. The function of the latter was fundamentally judicial. It had to do with the interpretation and application of the prin- ciples and standards which had been officially adopted as a guide to the adjustment of wages and conditions. The principles, which were mandatory upon the War Labor Board in making decisions, were originally agreed to by labor as represented by the American Federation of Labor, and by capital acting through the National Industrial Con- ference Board. Afterwards, these principles were officially proclaimed by President Wilson on April 8, 1918, and thus made binding upon all government departments and pro- curement agencies for the duration of the war. The general course of procedure which capital and labor voluntarily agreed to follow, and which, in principle, was adhered to throughout the war period, briefly stated, was to maintain the pre-war status as to industrial relations. If an industrial plant had been unionized before the war it was by agreement to remain unionized during the war; but if a plant had not been unionized before the war, it was stipulated that advantage should not be taken of the wartime emergency to force its management into a recog- nition of the union. On the other hand, all industrial workers, irrespective of pre-war conditions, were guar- anteed the right of organization and collective bargaining. Employers also agreed to refrain from any discrimination against employees because of affiliation with labor organi- zations. Cost-oF-LiviNg METHOD OF WAGE ADJUSTMENT ADOPTED Regarding wage-rates, it was likewise agreed that pre- war standards of real wages were to be maintained. Funda-

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