Excerpt from American Labor: Its Great Wrongs, and How It Can Redress Them, and Obtain for Itself Great and Lasting Prosperity, Restore Harmony to the Country, and Purity to the Government
This little work is written in behalf of the rights and interests of labor; just as we conceive those rights and interests to exist, without any mental reservation or secret evasion whatever. All persons in the United States, whose interests are identified or joined with the interests of labor, have great interest in this book, or at least in its sub jcet matter. This includes farmers, mechanics, and artisans of all kinds, miners, women, men, girls and boys, who work for hire at all useful employments; also merchants, traders and professional men, and every other person in community, except where any of the persons above referred to have some greater interest, adverse to the interests of labor. The exceptions are comparatively few. The great majority, say nineteen twentieths, probably thirty-nine fortieths, have a preponderance of interests on the side of labor.
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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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Paperback. Condition: New. Print on Demand. This book examines the stark contrast between the economic prosperity found in France and the simultaneous labor oppression in the United States and Germany during the late 19th century. The author argues that this discrepancy was caused by the different monetary policies of each nation. While the US and Germany chose to limit the supply of their currency to match the supply of gold, France increased its currency supply. The author demonstrates that by increasing the money supply, France was able to keep its labor force fully employed, leading to the increased production of goods, a rise in wages, and ultimately economic prosperity. The author concludes that the key to economic prosperity is not a limited currency supply backed by gold, but rather a currency supply that is sufficient to keep the labor force fully employed. This book provides valuable insights into the relationship between monetary policy and economic prosperity, and offers lessons that are still relevant today. Forgotten Books publishes hundreds of thousands of rare and classic books. This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. The digital edition of all books may be viewed on our website before purchase. print-on-demand item. Seller Inventory # 9781334964589_0
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Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LX-9781334964589
Quantity: 15 available