The Margin of Profits; How It is Now Divided, What Part of the Present Hours of Labor Can Now Be Spared
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In our eReader you can find the full English version of the book. Read The Margin of Profits; How It is Now Divided, What Part of the Present Hours of Labor Can Now Be Spared Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Margin of Profits; How It is Now Divided, What Part of the Present Hours of Labor Can Now Be Spared
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To quickly assess the difficulty of the text, read a short excerpt:
Here is a good, solid sheeting, or shirting, which I bought yesterday at one of the big shops for 6i cents a yard. The average use of cotton cloth would be 40 yards apiece every year if it was all of this kind ; but the kind varies. The real aver- age is 50 yards, some of it narrower and finer and lighter, and some of it coarser. Now, cotton goods are used more by the million, by the working people, than they are by rich people. You can buy a year s supply, 40 yards of this cloth, for $2.5o, or... for two days' work of a common laborer at $1.25 per day. How much profit to the rich man who owns the mill do you suppose there is to-day in that cotton cloth ? It is just one-third of a cent a yard out of the 6 J cents that you pay for it That is the profit of the mill. The rest all goes to the working . people, in one way or another. This I am going to prove if you don't believe it ; and after that, I will prove to you that working people get the biggest part of the owner s profit.
When you buy 40 yards of cotton cloth at $2.50, you pay the owner of the mill 1 5 cents profit, but you also pay about i5 cents more to other people for profit ; that is 30 cents profit in all ; and you pay $2.20 directly for labor.
What to read after The Margin of Profits; How It is Now Divided, What Part of the Present Hours of Labor Can Now Be Spared?
You can find similar books in the "Read Also" column, or choose other free books by Edward Atkinson to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Here is a good, solid sheeting, or shirting, which I bought yesterday at one of the big shops for 6i cents a yard. The average use of cotton cloth would be 40 yards apiece every year if it was all of this kind ; but the kind varies. The real aver- age is 50 yards, some of it narrower and finer and lighter, and some of it coarser. Now, cotton goods are used more by the million, by the working people, than they are by rich people. You can buy a year s supply, 40 yards of this cloth, for $2.5o, or... for two days' work of a common laborer at $1.25 per day. How much profit to the rich man who owns the mill do you suppose there is to-day in that cotton cloth ? It is just one-third of a cent a yard out of the 6 J cents that you pay for it That is the profit of the mill. The rest all goes to the working . people, in one way or another. This I am going to prove if you don't believe it ; and after that, I will prove to you that working people get the biggest part of the owner s profit.
When you buy 40 yards of cotton cloth at $2.50, you pay the owner of the mill 1 5 cents profit, but you also pay about i5 cents more to other people for profit ; that is 30 cents profit in all ; and you pay $2.20 directly for labor.
What to read after The Margin of Profits; How It is Now Divided, What Part of the Present Hours of Labor Can Now Be Spared?
You can find similar books in the "Read Also" column, or choose other free books by Edward Atkinson to read onlineMoreLess
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