Word: wages
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Dates: during 1920-1929
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...inevitable that in times of a general drop in prices, goods must be sold at a reduced profit or even at a loss, because the change in wages tends to lag behind the change of commodity rates. Hence the producer is forced to pay a higher wage than the lowered price of his commodity justifies. The only way to prevent this, is to keep prices up to the high level...
...from, the point of view of the executive. Mr. Fechner will speak from the point of view of organized labor, the international Association of American Machinists being affiliated with the American Federation of Labor. Mr. Howard will speak as a labor manager in an industry in which the wage-earners are organized in an industrial union. Mr. Williams will talk from the point of view of an employer who has worked for a considerable period as a day laborer both here and in England, to study labor conditions at first hand...
...improbable there will be an increase of industrial distrubance, Labor, both orgainzed and unorganized, will fight to preserve its new wage scales. It will regard lace of continuity of employment as less of an evil than to work for less per day or hour. Men of business may expect to be harassed by new difficulties...
...educated at Rugby and Balliol College, Oxford, and until the outbreak of the war was engaged in teaching, most of his time being spent at Oxford and on the executive committee of the Workers' Educational Association. He is the author of books on English economic history, the minimum wage, and similar economic subjects. In 1914 he enlisted as a private in the army, and in 1916 was wounded on the Somme. The Sankey Commission, on which he recently served, was a body of men representing the mine-workers, the mine-owners and the public, and was appointed to recommend...
When will prices strike the down grade? This is a question that is of immediate, absorbing interest to practically every business man and to consumers throughout the United States. It also interests our labor leaders, for the future course of prices will influence not only wage demands but also the progress of radical against conservative leadership. On what happens to prices, furthermore, hangs the rate of politicians...