Agricultural relief: Agricultural relief

The new industrial revolution and wages

Bibliographic data

Multivolume work

Identifikator:: 1831932415

Document type:: Multivolume work

Title:: Agricultural relief

Place of publication:: Washington

Publisher:: Gov. Pr. Off.

Year of publication:: 1928

Collection:: Economics Books

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Volume

Identifikator:: 1831934884

URN:: urn:nbn:de:zbw-retromon-232132

Document type:: Volume

Title:: Agricultural relief

Volume count:: Pt. 6

Place of publication:: Washington

Publisher:: Gov. Pr. Off.

Year of publication:: 1928

Scope:: III S., S. 429 - 520

Digitisation:: 2022

Collection:: Economics Books

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276 INDUSTRIAL REVOLUTION AND WAGES creased 12 per cent., real wages 18 per cent., and “social wages” as defined by the Federation of Labor, or money wages related to prices and production, 19 per cent. The remarkable improvement in living standards has also been vividly apparent from increases in general in- come, building and road construction, life insurance, sav- ings deposits, and the assets of building and loan associa- tions per capita, as well as the extraordinary increase in attendance at public schools and colleges, and the almost incredibly wider use of automobiles, radios, telephones, phonographs, and household electrical appliances. Three especially noteworthy tendencies, however, stand out clearly in considering the unprecedented gains which have accrued to labor: (1), the distribution of these gains has been unequal as between different groups of wage- earners; (2), the workers in certain backward and overex- panded industries, such as bituminous coal mining, cer- tain branches of textile manufacturing, and agriculture, have not participated in the new prosperity ; and, (3), the earnings of the greater proportion of industrial workers are still wholly inadequate for the maintenance of proper standards of living.? As should be normally expected, the larger share of the gains of the recent industrial expansion has accrued to the benefit of the wage-earners who have been organized. This group constitutes, however, only about one-ninth of those gainfully employed. The leading organized groups are the building, metal, printing, barber, and baking trades, team- sters and chauffeurs, street railway conductors and motor- 1 Article entitled “Wages in Manufacturing Industries,” by Jurgen Kuczy- uski and Marguerite Steinfeld, American Federationist, July, 1928; also article in New York Times Current Hisiony for August, 1928, by Dr. Edward T. Devine, entitled “American Labor’s mproved Status since 1914,” 2 See statements by Prof. Irving Fisher, Yale University, and of the Secre- tary of Commerce, Herbert Hoover, in the New York Times for Nov. 26, 1927, and Dec. 2, 1927, respectively. en t— pe

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