Speech of John G Chapman of Maryland On the Revenue System And in Defence of
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" Why enumerate leather, the prices of which have also declined by the competition and 'other causes produced by the tariff of 1842, or boots, or shoes, or hats. The same is true as to them, and "many other articles too tedious to be mentioned. " 11 II. PRICES OF LABOR.
We will now inquire into the operation of this system upon the prices of labor ; and we must bear in mind that the price of labor is regulated by the steadiness of the demand and stability of that system which affords it employm...ent. The facts which I have collected, and in the truth of which I have the most implicit confidence, because of the respectability of those sources from which I have derived them T 'will sustain the assertion which I have made, that the price of labor has not been diminished by the re- duction in the prices of protected articles, which the Secretary tells us have displaced foreign articles-, within the last year, to an amount sufficient to raise more than two millions of revenue. Here arc some examples: In the Starke mills, at Manchester, New Hampshire, the average wages of all the girls there employed, (over and above their board, ) was, in February, 1843, only $1 46 per week; and in the same month, in ]846, $1 93 per week an increase of 32 per cent.
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To quickly assess the difficulty of the text, read a short excerpt:
" Why enumerate leather, the prices of which have also declined by the competition and 'other causes produced by the tariff of 1842, or boots, or shoes, or hats. The same is true as to them, and "many other articles too tedious to be mentioned. " 11 II. PRICES OF LABOR.
We will now inquire into the operation of this system upon the prices of labor ; and we must bear in mind that the price of labor is regulated by the steadiness of the demand and stability of that system which affords it employm...ent. The facts which I have collected, and in the truth of which I have the most implicit confidence, because of the respectability of those sources from which I have derived them T 'will sustain the assertion which I have made, that the price of labor has not been diminished by the re- duction in the prices of protected articles, which the Secretary tells us have displaced foreign articles-, within the last year, to an amount sufficient to raise more than two millions of revenue. Here arc some examples: In the Starke mills, at Manchester, New Hampshire, the average wages of all the girls there employed, (over and above their board, ) was, in February, 1843, only $1 46 per week; and in the same month, in ]846, $1 93 per week an increase of 32 per cent.
What to read after Speech of John G Chapman of Maryland On the Revenue System And in Defence of?
You can find similar books in the "Read Also" column, or choose other free books by J G John Gadsby Chapman to read onlineMoreLess
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