The Irrigation Age volume 14

Cover The Irrigation Age volume 14
The Irrigation Age volume 14
Federation of Tree Growing Clubs of America
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109 must be not far off. Wise and good men have vainly tried to adjust things so that the two might work harmoniously together for their common good. Their aims are. In reality, the same if they could but be made to realize that. A man who has re- cently tried to harmonize these two factors is EL J. Smith, founder of the New Trade Alliance in England. Under the title of *'A Living Profit and a Living Wage, " Mr. Smith writes an interesting article in the January Forum, relating the success of a
...n experiment in England. He makes the somewhat socialistic declaration that "We as manufacturers have no more right to determine the wages of our work people than the work people have to determine our profits. 1 ' Mr. Smith's theory and it is a theory which has been put to practical and successful test in England is based upon two cardinal principles: (1) selling from the well-ascertained cost of produc tion and (2) co-operating with the work people in securing a fair profit. ''Manu- facturers would not fight trades-unions were they not convinced that the unions ask more than they ought to have; trades unions would not fight manufacturers if they knew that they were asking for the impossible.

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