The new industrial revolution and wages

Bibliographic data

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

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter IV. Post-war conflict and reconstruction

Collection:: Economics Books

66 INDUSTRIAL REVOLUTION AND WAGES as the Federal Electric Railway Commission, for the pur- pose of investigating conditions and recommending a con- structive program for the physical and financial rehabili- tation of the street railway industry. The employees of the industry, as represented by the Amalgamated Association of Street and Electric Railway Employees, made a detailed submission to the Commission during the course of its public hearings, conceding that the financial and physical disabilities of the induscry should be remedied, but also claiming, as a condition of its rehabili- tation, that there should be proper guaranties to the labor employed. They advanced the “productive efficiency” and “living wage” arguments as to wages, asserting that the employees by their cooperation had reduced operating costs and should have a greater participation in net reve- nue gains, one form of which should consist in the assur- ance of a wage sufficient to provide for a “minimum stand- ard of health and comfort” for employees and their families. The final report of the Commission recognized this demand for a “living wage” guaranty, and unanimously reported in its favor.! While this declaration as to the “living wage” had no immediate, practical bearing on wage adjustments, its ultimate significance as a sanction for the living-wage principle was very great. Especially was this true because of the character of the personnel of the Com- mission. In addition to appointees from the industry itself, it included representatives of the United States Treasury, Department of Commerce, Department of Labor, National Association of Railway and Utility Com- missioners, American Cities League of Mayors, and the Investment Bankers Association. 1 Report of the Federal Electric Railway Commission, Washington, Govern- ment Printing Office, 1920.

Access restriction

Copyright

fullscreen: The new industrial revolution and wages

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation