Show HIGH WAGES REDUCE COSTS one of the amazing discoveries which has been made in industry in america is that the highes higher the wages the less the cost per unit of production almost all of the larger american industries have learned this but in europe there has grown up a legend of the american workingman as a sort of superman capable of accomplishment far beyond anything the european worker could achieve there must be some magic in the air of america europeans believed when they heard of american wage earners owning automobiles and radios having bathtubs in their homes and keeping their th children in school clear through high school and having scores of other luxuries which were forever beyond the reach of the worker in the old world athey axe are begin beginning nine to learn that there any maze magic about it sir percival perry chairman of the ford motor company limited which controls all of the european ford companies has bas just issued a report in which he be shows that the european worker can do just j as much as the american and do it just as cheaply provided he is paid proportionately as wh high wages and given as efficient equipment with which to work we are employing englishmen irishmen dutchmen frenchmen belgians danes germans Germas ns italians spaniards swedes finns and turks says sir percival working in their own countries but doing the same job with si ax tools under equal factory conditions condi tims we compare how long it takes each respective man to complete Ms his work and what chev found out was this the highest paid wages are paid in the danish facto factory and there the the cost per unit of production was lowest the lowest wages were vere paid the belgian factory and there the cost per unit was highest the comparison was exact for the same things were being bein made under the same conditions except in that matter matte of wages they raised the fhe wages in the belgian fact factory orvand and instantly instant lv production tion costs dropped that sort of demonstration is going to revolutionize ize industry all over the world the old theory that labor was a commodity to be bought in the cheapest market has been pretty well exploded in the fhe united states for a decade now the rest of the world is learning too z our secret that wont hurt us but will help everybody dy Any anything which increases the buying auvin power of any people is of benefit to all the other people who have goods to sell and prosperity depends upon the interchange ter of commodities |