The Hope for Society Essays On Social Reconstruction After the War

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I have in my hand a paper which was submitted to the Royal Statistical Society by George H. Wood, in which there is a very able analysis of real wages in relation to the standard of comfort since 1850, in which it is stated that " The following table conveniently summarises the movements in the chief periods : , Prices and Real Wa g es - Rent. Wages.
Per cent. Per cent. Per cent.
1850-54 to 1873-77 +41 +" +32 1873-77 1880-84 - 4 - 7 +3 1880-84 1900-02 -f 21 8 +32 1873-77 1900-02 +17 - I 4 +36 1
...850-54, 1900-02 +70 - 5 +80 This, it should be observed, is the maximum pro- gress, and has not been enjoyed by the operative 123 124 THE POSITION OF whose industrial grade has remained unchanged. Taking a group of typical workpeople, e. G. Cotton spinners, weavers, carpenters, bricklayers, masons, building labourers, engine fitters, smiths, strikers, labourers, shipwrights, compositors, lithographers, cabinet-makers, coal-miners, puddlers, etc. , etc. , and making no allowance for the constant tendency to leave the ill-paid occupations for the more remunerative, we find that the advance of wages is nearly 50 per cent.

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