The Depression in Trade And the Wages of Labor
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In our eReader you can find the full English version of the book. Read The Depression in Trade And the Wages of Labor Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Depression in Trade And the Wages of Labor
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. . The present cost of operating the railroads of the country with steam power is, in round numbers, $502, 600, 000 per annum, but to carry on the same amount of work with men and horses would cost the country $11, 308, 500, 000. These illustrations of course show the extreme straits to which a country would be brought if it undertook to perform its work in the old way. The figures are to a certain extent valuable to show the enormous benefits gained by the people at large through the applicat...ion of motive power. " 16 creating the immense machinery of production and distribution, have in the later years been set free to employ themselves in using the machinery thus created. While in the earlier part of the century a large proportion of the available labor was employed in building the factories of all kinds which now exist and the great network of railways that now covers the civil- ized world, a comparatively small number of workmen is now required for that kind of labor, and the great mass are free to engage directly in running the factories and the railroads which have thus been built.
What to read after The Depression in Trade And the Wages of Labor?
You can find similar books in the "Read Also" column, or choose other free books by Uriel H Uriel Haskell Crocker to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
. . The present cost of operating the railroads of the country with steam power is, in round numbers, $502, 600, 000 per annum, but to carry on the same amount of work with men and horses would cost the country $11, 308, 500, 000. These illustrations of course show the extreme straits to which a country would be brought if it undertook to perform its work in the old way. The figures are to a certain extent valuable to show the enormous benefits gained by the people at large through the applicat...ion of motive power. " 16 creating the immense machinery of production and distribution, have in the later years been set free to employ themselves in using the machinery thus created. While in the earlier part of the century a large proportion of the available labor was employed in building the factories of all kinds which now exist and the great network of railways that now covers the civil- ized world, a comparatively small number of workmen is now required for that kind of labor, and the great mass are free to engage directly in running the factories and the railroads which have thus been built.
What to read after The Depression in Trade And the Wages of Labor?
You can find similar books in the "Read Also" column, or choose other free books by Uriel H Uriel Haskell Crocker to read onlineMoreLess
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