The Economy of High Wages An Inquiry Into the Cause of High Wages And Their Eff
The Economy of High Wages An Inquiry Into the Cause of High Wages And Their Eff
J Jacob Schoenhof
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The tariff is made a sectional measure, which adds not a little of the gall of injustice to the wormwood of vexatious- ness. With the exception of puddled iron, where the labor cost is about $5 over the English cost (being all hand labor), the labor does not differ materially from foreign cost. Why, then, not give New England, New York, and Eastern Penn- sylvania the same facilities ? Free ore, coal, and- iron would enable the Eastern States to make their own iron and steel and give them cheap ...materials for their hardware, machinery, and mill work. Free pig-iron would take from Pittsburgh only the Eastern trade, and leave to the present iron kings all the field from Harrisburg west. What a 224 THE ECONOMY OF HIGH WAGES. Start this would give to the iron and kindred industries of the Eastern States can be estimated when we examine the positions these industries have made for themselves in the world's markets even handicapped as they are by the tariff. Manufacturers' Tools and Machinery.
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