Salt Lake Herald-Republican | 1915-07-04 | Page 7 | Labor and Capital

LABOR AND CAPITAL T L LABOR ABOR has so long asserted capital t enjoys all the profits of Industry t that the report of ot tho the National Civic i Federation on tho the apportionment of ot otI I tho income of working people comes I with unsettling surprise It shows that in the branches examined Involving InvolvIng ing log more than workers la labor labor la- la bor received two thirds of the money mone- returns and capital but third one out of which it met depreciations and losses from other causes Capital and labor must eternal eternally f find ind themselves unable to agree upon t tho he distribution of ot the tha pro profits tIts of ot Industry in industry In- In I because because- they cannot approach tho he t Issue from a a. common anglo angle Labor Labor La La- bor reiterates s its right to share sharo In the gains but nothing is said as aJ to the l losses Capital declares the dividends upon mone money invested are arc its own be because because because be- be cause it must pocket the losses when hen l losses lossos come Labor replies that it gives everything It has hns the work of ot I hand and brain and that it can give no more Capital answers that labor never betrays a n. desire to share in tho the results of ot an enterprise that Is 13 known t to o bo unprofitable It If tho the facts developed by tho the National Nation Nation- i al Ll Civic Federation Inquiry are universal uni uni- versal ersal and there them is b no reason to suppose suppose sup sup- p pose ose they are not labor doIng dong do- do I I Ins Ing ng as well ell as could be expected Nobody Nobody Noody No No- b body ody denies that wages fall to keep p pace ace with the coet cost of ot living or that a number of ot conspicuous American fortunes for tor- t tunes unes have grown to proportions that cannot be accounted account d for tor by any economic economic eco eco- rule of or logic Yet a n segregation segregation t tion ion of ot the l labor cost that enters into the ultimate expense of ot making tho the manufactured article demonstrates that labor receives two-thirds two of ot the money results the remainder going to capital which alone takes any risk Statistics are however as dry dr as they are remorseless They The can but convince those who are arc eager to be bo convinced while they are hopelessly ineffective e against an adverse conviction conviction tion which seems cems to be supported by outlying facts So long as M the manufacturer manufacturer manu manu- lolls on the tho cushions of ot his as ho he proceeds leisurely to his club for tor a five dollar lunch and the workman explores his dinner bucket on the bench Just outside the factory door figures will continue tobe to tobe tobe be regarded as fallacious however true they may be