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Updated: May 29, 2025
Given a scheme of wage differentials, which are in accord with certain defined principles, at a given position of the price level, what method of adjustment is best calculated to produce such differentials as will be in accord with these principles, at all positions of the price levels? That sounds like a problem in astronomy. But it is not.
Existing differentials are more jealously maintained among the train service employees than among other railway workers, but that the latter do aim to maintain their relative level below the skilled groups is evidenced by the reference in arbitration proceedings to the advances made by the train service employees and by their claims to proportionate advances.
Thus, and thirdly, in any project of wage regulation, existing wage differentials can neither be accepted nor rejected blindly. A policy of wage settlement for industrial peace need not be based upon the acceptance and maintenance of all existing differentials.
How I should love to see that room again where I pored over differentials and integrals, where I calmed my poor burning head by gazing at Mont Ventoux, whose summit held in store for my coming expedition' those denizens of arctic climes, the saxifrage and the poppy!
Thus an increase in the wages of a highly paid group of employees, on account of this tendency to maintain existing differentials tends to put in motion a cycle of wage advances extending to all grades of labor."
"You see Steve has a remarkable power of storing things up in that big head of his. Remembers a lot of pesky little detail when he's once fixed his mind on it, the prices of things, figures, and distances, and rates and differentials. Mr. Mason that was the traffic manager of our road happened to take Steve to Buffalo with him about some rate-making business.
If differentials over the standard wage did arise in enterprises where the conditions of labor were worse than the average, or in regions where the cost of living was higher than the average, such differentials would not be incompatible with the ends sought, when standardization is enforced.
Here, indeed, we approach very close to that other objection which may be put forward on theoretical grounds. Which objection is that all attempts at revision of existing wage differentials would involve a risk of producing, on the one hand, a shortage of certain kinds of labor, and, on the other hand, an oversupply of other kinds.
This conclusion is greatly strengthened by the thought that under our present practices, wage settlements are constantly being reached without any reward whatsoever for the disturbance of customary differentials; and serious maladjustments in the supply of labor do not often result because of that.
No court has ever yet adequately solved these differentials and some dislocation of industry results.
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