Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1915-08-19
HAS THE EDGE ON CAPITAL
Railway Statistician Shows That
Labor Is the Better Off.
Rapidly IncYeaslrg Proportion Of the
.dloads' Income Goes to Employees,
He says-Causes Slowing Down
Of Investment.

That labor is receiving not only the |
largest part. but a rapidly increasing pro- |
portion Of the income Of the railways Of
the United States. 10 shown In an analysis |
by W. A. Worthinston. Tce.president and
assistant to the chairman OF the Southern
Pacific, published In this weeks Railway
Age Gazette. Mr.. Worthington shows
that In 1904 labor received bs.73 per cent.
Of the total railway income Invisible be-
tween capital and labor, whereas. in 1914,
| 10 years later. II received no less than
6s.04 per cent. Capital In 1904 received AZ
per cent, while In 1914 1t received only
1896 per cent. While capitals share OF
the income relatively decreased during
this period and labor's was increasing,
capitals Investment in railways increased
| 57l3 per cent or from 81 61' az, LII TO sl6,-
a36. GOT $40, while the number OF employees
increased only 90.s1 per cent or from 1895,
| 121 to /. $685. s3.
Mr.. Worthin gton calls attention to a re-
cent report of the National civic FEEDER
alton that In the manufacturing industries
at the present time labor Is receiving
practically two-thirds Of the product and
capital one-third. For purpose of COM
parson he analyses the Interstate Com
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la. n,,tt 81 n nsa al
~. 20 n, ,ou oo,t NO. oynoraoa for r.as,o,
~ $780, 49,, a. ,,o,o,oo enc ,-z -,
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"a, nurnoses ~ MI, amount c55 so $40
NJ "a s6 nor cont was mid N ,ahor and
onlv 1921 .5aa GAO mr. 1914 nor cent OF tina
total rema,ned %, cani+a, nurnoses rh,s
,bows thu, NJ tho tncran,ent ~ d,v,sh,e
net income during the IN vears labor ~
ceived four-6fths and can,ta, only one.
fifth AS cornpar red with tho latter the in .
ves+nen+ in road and eo,,,nn,ent ,ncraasa1
81 ACE 16o 7oo the Increment available for
capita1 nurnoses heinv on,v . ~ nor cent
upon the increased Investment
; "As comnarpd with this inadeou,+e 70
5 turn ia canita, II will he noted thai the
increase of s56 s23 GO or 81 % nor cent
r in PAYMENTS 10 labor was accomnanied
by an increase of only 39a. 1862 or 10 81 per
2 cent. in the numbers of EMPLOYEES on
June 80.
whilst returns 70 canital were yroatlv
reduced through the necessity of larger
f proportionate retur, to labor thew were
Q further reduced bv the increased share
$ given to the government as taxes which
r Increased SIS. Sss .2o1. or 1g7. 70 per cent
< The statement shows that public scr
t vices rendered by the RAILWAYS increased
! during the 1O-year neriod 50 ner cent
l passenger
r cent. as to freight service. for which the
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y r,.h, 70 oxneo. on, t. o..,-a,,. ,.so,,a.,
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