238 ECONOMIC ESSAYS IN HONOR OF JOHN BATES CLARK
maintain living standards and wages, so the theoretical fallacy
did not trouble them.
The eight-hour theorists, however, did not fail to provide
a bridge whereby their followers could pass over into the prom-
ised land of enhanced production so dear to the economist, as an
examination of the three official eight-hour pamphlets published
by the Federation in 1889, and still kept in circulation, will show.
Lemuel Danryid’s History and Philosophy of the Eight-Hour
Movement, number three in the series, discusses at some length
the supposed overproduction of the European countries and the
United States, and then goes on:
The crying evil in each country is not want of productive power,
but the lack of consumptive ability.!
The question then is how to increase consumption, and thus furnish
not only increased production, but a happier and more contented
people.?
Therefore we may conclude that a science of economics would see
in the lessening of the hours of labor increased consumption, a vaster
display of productive activity, a higher intellectual and moral devel-
opment of the toiler, a wider demand for the more artistic products
of our factories, an immense stimulus afforded to inventive genius, a
more thorough organization of industrial functions and an almost
fabulous increase of national prosperity and wealth no longer based
on individual misery and want, and all proceeding pari passu with
higher wages.®
The lessening of the hours of labor means less idle hands, more
persons profitably employed, and, hence, augmented consumption of
labor products. By increasing the number of employed an increased
demand will augment supply, overproduction checked, the home
market enlarged, and with every added demand for labor wages rise.
Danyrid’s argument ties together the doctrines of consumption
and production in a way that makes Henry Ford's five-day idea
look like a belated imitation. The shortening of hours, no longer
just an immediate remedy for unemployment, has become a magic
wand that will permanently and progressively increase produc-
tion through increasing consumption and demand, will raise
wages, and will usher in enduring prosperity. The economist 1s
interested to discover here the source of the increased wages which
are to follow the introduction of the shorter day.
1 Ibid. p. 4.
2 1bid., p. 4.
3 Ibid., p. 10.
' Ibid, p. 13.