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When he first got the job the wages were only a beggarly L2,000, but as he found it impossible to exist on less than L100 a week he decided to raise his salary to that amount; and the foolish people who find it a hard struggle to live paid it willingly, and when they saw the beautiful motor car and the lovely clothes and jewellery he purchased for his wife with the money, and heard the Great Speech he made telling them how the shortage of everything was caused by Over-production and Foreign Competition, they clapped their hands and went frantic with admiration.
Tomorrow it can form the framework for a world of law a world in which no nation dictates the destiny of another, and in which the vast resources now devoted to destructive means will serve constructive ends. In short, let our adversaries choose. If they choose peaceful competition, they shall have it.
This objection is applicable not only to the method of the Salvation Army, but to many other industrial experiments conducted on a philanthropic basis. Directly or indirectly bounty-fed labour is brought into competition with self-supporting labour to the detriment of the latter.
He energetically defended his rights as an employer, repeating that the strain of competition would compel him to avail himself of them so long as the present system should endure. His part in it was to do good business in an honest way.
This nation in time will look back with gratitude to the lessons and to the whippings of the trusts. The trusts are teaching us inevitably that competition is antiquated; that organization is the real basis of industry. They are teaching us that it is feasible and necessary for the nation eventually to take possession of and manage its own properties, industrial as well as others.
In the innumerable tailors' workshops of his district great piles of cuttings of every kind and quality of cloth accumulated, and for the purchase of these cuttings a certain competition existed among a class of people, known as piece-sorters.
One fine afternoon the boys' prize for the highest jump was to be awarded, and as the school were all greatly interested in the competition, they were assembled in a dense circle in the green playground, leaving space for the jumpers in the middle.
The unearned increment from land has indeed made the position of an English land-owner, for the last two hundred years, the most fortunate that any class of mortals ever has enjoyed; but the present moment, when the rent of agricultural land in England is declining under the competition of American land, is not well chosen for attacking the old advantage.
I know that you have often been told that the competition, which is at present the rule of all production, is a good thing, and stimulates the progress of the race; but the people who tell you this should call competition by its shorter name of WAR if they wish to be honest, and you would then be free to consider whether or no war stimulates progress, otherwise than as a mad bull chasing you over your own garden may do.
What force would hold economic society together? The answer was a plain one. Enlightened self-interest was the incentive, universal free competition was the force.
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