Word: production
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Dates: during 1920-1929
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There are many reasons why an industry may not be able to pay expenses out of receipts. Expenses may simply be so high as to make it impossible to sell the product or the service at a price that will tempt buyers. There is no cure for that except to reduce expenses. If wages are the chief expense, that may necessitate a reduction of wages. If the laborers will not accept that, they remain unemployed. In that case they can not be said to be unable to find employment; they are only unable to find as remunerative employment as they...
Unconventionality and complete lack and respect for nearly every tradition of the well-ordered American stage mark "Declassee" which opened at the Hollis on Monday. The play, an unusual product, was entertaining, at all times interesting, occasionally inspiring by reason of the able interpretation by Miss Ethel Barrymore. Taken by and large, however, it did not ring true; perhaps because there seemed to be no great single purpose either in the author's mind or in the producer's. It was a play whose only object could have been entertainment; even this was marred by a concluding death scene conclusion...
...frequently artists) every possible ounce of its somewhat standardized sentiment. In a set which was well conceived, though badly lighted in the second act, the whole company moved with that machine like smoothness which is at once the delight and the bane of the initiated observer. The united product of designer, producer and actors at times approached perfection...
Many books of foreign origin are desired by American students and scientific investigators. Such volumes do not compete with the domestic product. Yet their price would be much enhanced by the proposed duties and method of valuation, with the inevitable result of placing a needless and vexing burden upon American scholarship. As books of the kind mentioned would have to be imported in small lots, if Mr. Fordney has his way with the publishers, the additional cost would bear heavily upon those who must have them. Altogether, this gratuitous and senseless levy upon the tools of education...
...therefore, the present-day workman chooses to strike his balance at eight hours, he is fully entitled to do so. But he must be content with the resulting return; he has no right to expect nine and ten hours' product for only, eight hours' work. This is what he all too frequently falls to see, but the fault is his and not that of the theory of wages. "The demand for the eight-hour day" says Taussig in his "Principles of Economics", is entitled to all sympathy and support", and the modern laborer is quite as adapted...