Why was the linotype machine adopted? Because it was a saving of cost.
What became of the compositors? They were thrown out of work. Did
anybody help them?
Well, Socialism would save cost. If it displaces labour, as the machine
does, should that prevent us from adopting Socialism?
Socialism would organise labour, and leave no man to starve.
But will the Trusts do that? No. And the Trusts are coming; the Trusts
which will swallow up the small firms and destroy competition; the
Trusts which will use their monopolies not to lower prices, but to make
profits.
You will have your choice, then, between the grasping and grinding Trust
and the beneficent Municipality.
Can any reasonable, practical, hard-headed man hesitate for one moment
over his choice?
CHAPTER X
FOREIGN TRADE AND FOREIGN FOOD
We have heard a great deal lately about the danger of losing our foreign
trade, and it has been very openly suggested that the only hope of
keeping our foreign trade lies in reducing the wages of our British
workers. Sometimes this idea is wrapped up, and called "reducing the
cost of production."
Now, if we must have foreign trade, and as much of it as we have now,
and if we can only keep it by competing against foreign dealers in
price, then it is true that we must try to reduce the cost of
production.
But as there are more ways of killing a dog besides that of choking him
with butter, so there are other ways of reducing the cost of production
besides that of reducing the wages of our British workers.
But on that question I will speak in the next chapter. Here I want to
deal with foreign trade and foreign food.
It is very important that every worker in the kingdom should understand
the relations of our foreign trade and our native agriculture.
The creed of the commercial school is that manufactures _pay_ us better
than agriculture; so that by making goods for export and buying food
from abroad we are doing good business.
The idea is, that if by making cloth, cutlery, and other goods, we can
buy more food than we can produce at home with the same amount of
labour, it _pays_ us to let the land go out of cultivation and make
Britain the "workshop of the world."
Now, assuming that we _can_ keep our foreign trade, and assuming that we
can get more food by foreign trade than we could produce by the same
amount of work, is it quite certain that we are making a good bargain
when we desert our fields for our factories?
Suppose men _can_ earn more in the big towns than they _could_ earn in
the fields, is the difference _all_ gain?
Rents and prices are higher in the towns; the life is less healthy, less
pleasant. It is a fact that the death-rates in the towns are higher,
that the duration of life is shorter, and that the stamina and physique
of the workers are lowered by town life and by employment in the
factories.
Public-domain text, read in full here on John Shaqi.
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