Rural Wealth and Welfare: Economic Principles Illustrated and Applied in Farm LifeFairchild, Geo. T. (George Thompson)
Science
Rural Wealth and Welfare: Economic Principles Illustrated and Applied in Farm Life
Fairchild, Geo. T. (George Thompson)
Agriculture -- Economic aspects; Economics
There are still new difficulties in every change of method. The influence
of custom often retards freedom of movement, makes more slow the natural
rise of wages, and hinders a gradual adjustment to new conditions. In many
cases it prevents individual enterprise among wage-earners, and crowds
from the higher ranks into competition with the lower because of no
natural outlet for ambition. Even laws intended to protect laborers
sometimes operate against them. Thus a law restricting the terms of
contract between workmen and their employer has sometimes prevented the
employer from investing capital in a business which otherwise would have
increased the opportunity for labor, and so would have actually increased
wages.
The effect of free schools upon ability to earn is generally recognized.
The best estimates place the increase resulting from common school
education at fully 25 per cent. Some of the best establishments are
limiting their offers of employment to young people who have had the
advantage of even high school training. This more general education tends
in two ways to increase the compensation of wage-earners: first, by giving
a clear knowledge of abilities that makes competition fairer; and second,
by increasing the general effectiveness of all production, which enlarges
the sum to be divided.
Every movement toward greater social freedom and uniformity of opportunity
contributes to the same end. Next to slavery, social caste is the chief
obstacle to free and fair competition of laborers. Any barriers of race,
social organizations, or even churches, which cultivate exclusiveness in
any direction, in the end work hardship. If they bring temporary advantage
to a few, they are sure to hamper the freedom of many. The welfare of the
community is surest when social conditions favor the freest communication
in all ranges of employment, whether in wage-earning or in profit-making.
The cheapening of transportation in recent years, bringing all the world
nearer, has had various effects upon wages. It has destroyed, to a
considerable extent, the inequality of wages between different regions of
country. If laborers of any kind are scarce, a telegram will within a few
hours bring numbers from some place where they are too plenty. The result
is a tendency to greater uniformity throughout the world. As yet the full
effects of this progress are not realized. Some hardships will undoubtedly
be endured from the ready introduction of unskilled laborers from crowded
countries into our less densely peopled country. But with a larger range
of production opened by cheap labor, our better workmen will find more
constant and more remunerative employment. If restrictions upon
immigration are necessary, it must be to prevent too sudden a transition,
hindering adjustment to new conditions. The danger of overcrowded
population comes more certainly to the nation excluding itself from the
great world by excluding the rest of the world from itself.
Public-domain text, read in full here on John Shaqi.
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