National Arbitration Bill. Hearings Before a Subcommittee of the Committee On Labor of the House of Representatives, March 16, 30, April 6, 13, 1904
National Arbitration Bill. Hearings Before a Subcommittee of the Committee On Labor of the House of Representatives, March 16, 30, April 6, 13, 1904
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To quickly assess the difficulty of the text, read a short excerpt:
Mr. Vreeland. We will take a manufacturers plant, for instance.
As it runs a series of years it must be running because it pays?
Bishop Spalding. Certainly.
Mr. Vreeland. It makes, we will sa^% a profit of 20 per cent. That is the profit out of which the capital invested must be paid. Out of that profit the wa^es of the laborer must be paid. In other words, that 20 per cent wnich I call profit is what mast be divided between all parties at interest, the emplovers and the employees, after payinj...'' all expenses, etc. Now, is not that the verv meat of the question as to what proportion of that 20 per cent shall be divided between the employers and the employees? There is a strike; the emplovees say that they are not receiving a sufficient amount; that they are not being properly paid. The employers say that they are paying all that they can affora to. To what does that refer? It refers to tlie division of profit arising out of that plant. Then, is not that the heart of the controversy that a tribunal must consider to start with — as to what is a fair and proportionate amount to give to each of the parties as profit J FAIR WAGES NOT DETERMINED BY AMOUNT OF PROFIT.
What to read after National Arbitration Bill. Hearings Before a Subcommittee of the Committee On Labor of the House of Representatives, March 16, 30, April 6, 13, 1904?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress House Committee On Labor to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Mr. Vreeland. We will take a manufacturers plant, for instance.
As it runs a series of years it must be running because it pays?
Bishop Spalding. Certainly.
Mr. Vreeland. It makes, we will sa^% a profit of 20 per cent. That is the profit out of which the capital invested must be paid. Out of that profit the wa^es of the laborer must be paid. In other words, that 20 per cent wnich I call profit is what mast be divided between all parties at interest, the emplovers and the employees, after payinj...'' all expenses, etc. Now, is not that the verv meat of the question as to what proportion of that 20 per cent shall be divided between the employers and the employees? There is a strike; the emplovees say that they are not receiving a sufficient amount; that they are not being properly paid. The employers say that they are paying all that they can affora to. To what does that refer? It refers to tlie division of profit arising out of that plant. Then, is not that the heart of the controversy that a tribunal must consider to start with — as to what is a fair and proportionate amount to give to each of the parties as profit J FAIR WAGES NOT DETERMINED BY AMOUNT OF PROFIT.
What to read after National Arbitration Bill. Hearings Before a Subcommittee of the Committee On Labor of the House of Representatives, March 16, 30, April 6, 13, 1904?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress House Committee On Labor to read onlineMoreLess
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