File:Before the United States Railroad Labor Board - argument for a wage increase (1922) (14758345695).jpg

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Identifier: cu31924066873443 (find matches)
Title: Before the United States Railroad Labor Board : argument for a wage increase
Year: 1922 (1920s)
Authors: Jewell, B. M American Federation of Labor. Railway Employees Dept United States Railroad Labor Board
Subjects: Wages Railroads Arbitration, Industrial
Publisher: (S.l. : Railway Employes' Dept., A.F. of L.
Contributing Library: Cornell University Library
Digitizing Sponsor: MSN

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housing and fuel. There-fore the way to steady the whole system is to consider offirst importance steady and adequate purchasing power inthe hands of the millions of families composing the coantry« In the light of this point of view I want you to lookat the curves on our charts, They show the extent towhich the purchasing power of the community is deniedany kind of stability as a result of making profits andnot human well-being the end of industrial and businessactivity. Contrast the instability of labors purchas-ing power with the relative stability which we have justshown to have been achieved by capital.Deflation of the Automobile Industry. The following table with its accompanying chart showsthe abrupt break in the purchasing power of automobileworkers as a group. It also shows the creation of a largeenough surplus of labor to break the labor market in that industry. The two tables covering this industry are based on payroll figures reported to the N.Y.State IndustrialCommission,
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TOTAL PAYT.OIL ^^D MUMBLE aiPLOYSDIM MAMJFaCTURS of AUTukOBILES. Cj^EIaGES aSD ^IKPL^SSAS rriPORTLD TO IO¥ YORK SgATE IMDUSTHIAL GOMMISblQ^T (INDiiZ NUKBLRS SaSEj3 ON JjiNUARY 1918 - 100) TOTAl PEYROLI « 1918, 1919. 1.920. 1921, Jan. 100 115 145 78 Feb, 113 115 147 83 Mar. 126 118 161 78 April 128 115 154 87 May 130 108 157 77 June 132 110 150 76 Jaly 125 119 146 75 Aug. 144 122 121 71 Sept. 147 130 97 69 Oct, 140 135 95 71 Kov. 129 129 88 70 Dec. 138 140 82 63 ■ MIMBSR EMPLOYED Jan. 100 6S 95 47 Feb. 101 90 96 40 Mar. 108 90 101 47 April 108 89 100 53 May 107 82 96 47 Jane 107 83 82 47 July 107 88 89 48 Aug. J.08 89 m 47 Sept. 107 94 6^ 49 Oct. 102 96 59 49 Nov, 108 94 5i 50 Dec. 108 93 51 46 19 The break in this into-stry came in April, Note thatbetween Mjxreh 1920 and the end of the year the purchasir-power of vi/age earnerv<3 in the automobiHe indij-stry fellalmost 50^. This meant a tremendous decrease in the de^m.and for necessities of life. During the same periodnearly ha

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Jewell, B. M; American Federation of Labor. Railway Employees Dept;

United States Railroad Labor Board
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