Foundations of the labor-capital conversation, in one volume of a landmark Senate inquiry
This volume presents firsthand testimony and data from the late 19th‑century study of labor and capital in American industry. It centers on the Amoskeag Manufacturing Company in Manchester, New Hampshire, detailing factory operations, wages, and living conditions for workers. Readers gain direct exposure to daily work life, compensation patterns, and company housing practices in a major cotton mill town.
The material combines practical management perspectives with social and economic context, offering a window into how large mills operated, how wages were calculated, and how living costs affected families of mill workers. It traces the economics of cotton production, mill labor, and the use of housing and boarding arrangements to support a sizable workforce.
- How wages break down across departments and the role of women, men, and youth in the workforce
- Cost of living measures, company boarding homes, and tenement housing for families
- Operational scale, capital investment, and the balance between labor needs and production goals
- Early discussions of currency, finance, and broader economic questions surrounding labor markets
Ideal for readers of labor history, economic policy, and U.S. industrial development, this edition illuminates the human and technical sides of America’s mills in the Gilded Age.