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 IV. Post-war conflict and reconstruction

Collection:: Economics Books

CONFLICT AND RECONSTRUCTION 63 tistics, there were other noteworthy sanctions during this period of the living-wage principle. Chief among those with an official or public aspect were those of the newly created Court of Industrial Relations in Kansas and the Bureau of Municipal Research of the City of Philadelphia, both of which will be discussed later.! There were also significant declarations by economists and publicists. THE UNITED STATES RAILROAD LABOR BoARD Despite these important precedents, however, the United States Railroad Labor Board, as the result of the pro- ceedings which were inaugurated before it and which have already been outlined, altho granting large increases in general wage rates in 1920 averaging about 27 per cent., based its awards, without deviation, upon old methods and principles. The advances in rates of pay were made in terms of a certain number of cents per hour or day in order to maintain the preexisting differentials in rates between occupations. The general rate of increase, as thus applied, was computed, however, on the principle of bring- ing the compensation of employees up to advances in living costs as compared with the pre-war period. No recog- nition was given to the principle that a wage should be sufficient to guarantee a minimum standard of healthful and decent living. TaE UNiTeEp STATES Bituminous CoAL Mining CoMMISSION A striking contrast was afforded by the decision of the Bituminous Coal Commission. This body openly repudi- ated “cost of living” as a basis of determining advances in rates of pay and substituted therefor the principle of a ‘living wage” for the lowest-paid mine workers. They 2 See Chapter VII.

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