Show THE COST OF production lt t Is greater it in the tile united states be ile c aasc of tit tho paid Il tl in of wealth thero there are ire two elements of cost I 1 wages it lt is now established bo be cwi that be the wase wage earners of tl 1 unel states receive about t twice wice Us on oil the average as eng english alish la i rt ceide for tho the earne same kind of work r foi lUh u tanco tunco official stati statistics show that tho that wi idy averages of 0 f alif terent anda of worl nork representing most of I 1 tho N it I 1 I 1 1 2 ssi important anif octant industries I 1 naus tRes of england englana are per week while for the same kinds of work in the united states the weekly averages are 1205 per week almost twice aa much but it if wo we take the leading industries such as carpenters bricklayers coop coopers erB hatters batters machinists ts masons mason painters engineers and many others we shall find that the american laborer receives from two to two and one half times as much as does the english laborer 2 per cent of labor in Product production io n it is also well settled and generally admitted that of all articles in the production of which skilled labor is required or any considerable amount of ordinary labor is necessary about 80 00 per cent of the cost of producing them represents labor keep iu in mind these two facto facts first that the english laborer receives but half or less than halt half as much wages as does the american laborer and second that 90 per cent of the coat cost of production is labor and it will bo be very easy to see that the english manufacturer can turn out his productions at much less cost than can the american manufacturer to illustrate suppose some article which is in general use costs the amen i can maker twenty dollars when placed upon the market this bum sum includes tho the labor the materials and tho the pro profits fits from tho the fact that tho the english manufacturer fac pays no more inore for his materials and only halt as much for his labor it is clear that he can produce the same article j just as good as the americans for about halt half as much or eay say eleven dollars to this sum let us add a fair profit of eay say four dollars and if there is no tariff duty to bo be paid tho the englishman can place hla his article upon our market for fifteen dollars and when the article is placed side by side with the american Ame product in our market the englishman has a clear advantage of five dollars over the american and other things be ing equal the englishman will control the market nay he lie must do fio so for customers will not as a rulo rule pay an nn estra five dollars for tho the sake of LeLl feuti ti ment there are in such cases but two possible results first either the american must stop manufacturing or second lie ile must reduce the wages of his workmen to tho the english level |