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Updated: May 6, 2025
The average income of our people, measured in dollars of equal purchasing power, has increased after taxes by more than 50 percent. In no other 10 years have farmers, businessmen, and wage earners made such great gains. We may not be able to expand as rapidly in the next decade as in the last, because we are now starting from full employment and very high production.
Women know that in the states where the beer traffic has been ousted, wage earners who formerly spent the greater part of their earnings in saloons have, since the advent of the "dry" wave, invested their savings in a house and lot, and in a few years were able to pay off the entire indebtedness and now are masters of their own home.
That its results may depend to some extent upon the success with which the principle can be adopted to those methods of wage payment under which wages are varied in accordance with small differences in in-unionism, and act accordingly, the system of wage earners believe heartily in the ideals and aims of unionism, and act accordingly, the system of wage payment adopted will be a factor of secondary importance in determining the effectiveness with which the wage earners perform their work.
If, in the advance of wages and prices during the ascending portion of the industrial cycle, the cost of living happened to outdistance wages by a wide margin, the wage earners sought a remedy in distributive cooperation. They acted likewise during the descending portion of the industrial cycle, when retail prices happened to fall much less slowly than wages.
Undoubtedly immigration greatly complicated industrial conditions, as has been indicated, yet essentially the labor question arose from the upward progress of a class in American society and was as inevitable, foreigner or no foreigner, as the coming of a new century. Two illustrations will throw light upon some of the demands which the wage earners frequently presented.
One important factor in industrial peace, which might well be given consideration in the formulation of a policy of wage settlement for industrial peace, has received but scant mention in this effort to formulate the terms of policy. It is the question of economic security for the wage earners.
These councils might conceivably work out plans in different industries intended to steady the employment of the wage earners, and methods of insurance against the worst vicissitudes of their employment. In the pottery trade of England, for example, the industrial council has been giving consideration to the question of an Unemployment Insurance Fund for the industry.
If the farmer and country merchant, who had passed through the abstract stage of political aspiration with the Jeffersonian democratic movement, were now, with Jackson, reaching out for the material advantages which political power might yield, the wage earners, being as yet novices in politics, naturally were more strongly impressed with that aspect of the democratic upheaval which emphasized the rights of man in general and social equality in particular.
A huge labor demonstration on the picket line late in February brought women wage earners from office and factory throughout the Eastern States.
That is, that under it the distribution of the product of industry should recommend itself as just to the wage earners and the community in general. The possibility of satisfying this requirement remains to be considered. It is entirely conceivable that a policy of wage settlement should be put into practice which would take note only of the facts of this relation.
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