Full text: The new industrial revolution and wages

THE NEW INDUSTRIAL REVOLUTION 227 
to progress have also been made by those changes in produc- 
tive operations introduced by so-called scientific management 
—the installation of more efficient processes, routing of ma- 
terials and products, elimination of waste, avoidance or les- 
sening of fatigue on the part of the workers, and other de- 
vices and methods too detailed and too numerous to mention. 
[n all of these developments American industry has excelled. 
Another set of factors, not without importance, in bring- 
ing about increased productivity of American industry re- 
lates to the wider general education of the population, to 
advances in scientific research, and to the broader dissemina- 
tion of information. . .. The organization of research by 
aniversities, by privately endowed institutioas, and by private 
enterprise has contributed much toward industrial progress. 
Within the post-war period the increased collection and use 
of business statistics and the more thorough analysis of 
ousiness trends have furthered the advance of industry to- 
ward a more intelligent control of forces determining its 
progress. . . . 
Many of these elements in our industrial progress, however, 
are not forces which have only recently become effective. We 
have had natural resources, internal free trade, and a fairly 
wide domestic market during most of our industrial history; 
we had them, certainly, in the period from 1909 to 1921, when 
productivity per person in manufacturing failed to gain. The 
phenomenal increase in manufacturing efficiency has appar- 
ently come since 1921. It is worth while to consider the 
forces that have caused this recent sudden spurt. . . . 
Then the war considerably disturbed industrial technique 
and delayed progress for a period, but at the same time new 
technological processes and methods were learned as a result 
of war experiences, and what is perhaps of equal value, the 
importance of cooperation and of having adequate and accu- 
rate knowledge of developments was impressed upon the busi- 
ness community. The leaders of industry were also the 
leaders of that vast cooperative organization by which the 
war was carried on. and in that experience they learned that
	        
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