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

48 INDUSTRIAL REVOLUTION AND WAGES due consideration to the customs and standards of different localities, declared as binding upon the Board that: 1. The right of all workers, including common laborers, to a living wage, is hereby declared. In fixing wages, minimum rates of pay shall be established which will insure the subsistence of the worker and his family in health and reasonable comfort. 2. Obviously, this principle had developed from the street railway wage arbitrations at Seattle and San Francisco in the autumn of 1917, previously described, and from the Chicago Stockyards case of about the same date. It also soon became apparent that employers and representatives of the public, in originally accepting in conference the prin- ciple of a “living wage,” had not taken into account the real significance and implications incident to the practical application of the principle. At special executive sessions of the War Labor Board, held in Washington in July, 1918, the matter was thor- oughly considered in all its aspects. Experts from all parts of the country, including those who the previous year had assisted in the preparation of the Seattle and San Francisco “minimum standards of health and comfort,” testified. The Board also had budgetary studies prepared by their own staff, which showed the rate of wages re- quired to enable unskilled workers to maintain either a “subsistence standard” of living or a level of “health and reasonable comfort.” The resultant rates were so much higher in amount per hour, however, than those prevailing at the time, that the Board feared the dislocating effect upon production of practically applying the principle during the war period. After prolonged discussion and consideration, it was "1 Executive Proceedings of the National War Labor Board, Washington, July, 1918.

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