Word: wages
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Dates: during 1900-1909
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...which they do not understand and to advocate remedies which have the prime defect of being unworkable. The judgment on practical affairs, political and social, of educated men who keep aloof from the conditions of practical life, is apt to be valueless to those other men who do really wage effective war against the forces of baseness and evil. From the political standpoint, education is a harm and not a benefit to the men whom it serves as an excuse for refusing to mingle with their fellows and for standing aloof from the broad sweep of our national life...
Another end to which the science of economics has yet to be applied is the establishment of laws to govern the amount of the wage that any individual can command in return for his services. It is true that in a large proportion to his qualifications, but at the same time there is much unjustified inequality in salary. A dynamical principle can be developed, in the lecturer's belief, that will govern this most interesting and vital social problem, and form a nucleus for a new science...
Beginning with the importance of ethics in the conduct of every of everyday affairs President Eliot pointed out the evil of over-capitalization which, because of its effect on the state of mind of wage earners is one of the main causes of the existing industrial unrest. The promoting of companies, he said, should be rewarded for is skill and success in proportion to the amount of skill required to develop a new enterprise and to the gravity of the risks to be run, as well as in proportion to the amount of money invested in it. And directors...
...Wright has all his life been in the public service. Because of his familiarity with labor questions he was in 1902 appointed recorder and member of the Anthracite Strike Commission by President Roosevelt. His knowledge of the subject is, therefore, intimate and exact. He was University lecturer on wage statistics from 1900 to 1901, and has been a member of the Massachusetts Senate, and chief of the Massachusetts Bureau of Labor. He completed the eleventh United States census, and was in 1895 appointed United States Commissioner of Labor, but resigned the position in 1902 to become president of Clark College...
Because of his familiarity with labor questions, Mr. Wright was in 1902 appointed recorder and member of the Anthracite Strike Commission by President Roosevelt. He was University lecturer on wage statistic from 1900 to 1901, and has been a member of the Massachusetts Senate, and chief of the Massachusetts Bureau of Labor. He is well known for his authoritative writings in the field of social economics...