Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1921-04-30
HIGH LABOR HURTS
TRADE, SCHINAD SAYS

NEW YORK, April 2S.-Gerrfany
through the economy and sacrifices
of her working people, has settled
down to real production and is out
stripping the United States and al
lied nations in the fight toward nor
malcy, Charles NJ. Schwab declared
here today in an address before the
chamber of commerce of the state
of New York.
Germany today can put a ton OF
steel in England at price of $40
a ton cheaper than England can
make it," he said, land is selling
pneumatic tools in Detroit where
formerly we shipped such machinery
to Germany and sold it cheaper than
she could make it.
THE difference is solely a mat
ter of labor costs.
ut is estimated that 100000 are
out of work in this country. 1t is
accordingly Of supreme importance
to the workingman as well as to the
capitalist to restore our prosperity.
"Never before was the need for
products so great, never before be-
fore was such valuable producing
machinery. and facility available,
never before was there so much that
needed to be done.
81 have just returned from Europe,
and 1 came with renewed admira-
ton for the courage, the enterprise,
the determination displayed in Italy,
Belgium, France and England. Ger
many was ahead of all Of them in
production.
rs it possible trat after haV%i il1gg
won the war, We of.<ythec allied eaa-
tions with everything in CRY hands,
will allow Germany to win the peace
through the efforts of her labor
Labor as a whole can be paid
only what labor as a whole earns.
and if some sections of labor exact
more than their share Of the current
produce of the world, other sections
are going to suffer. L understood
that our railroads today pay to Ia
Dor over so cents out of every dol
lar received. The labor cost of MAX
out of each dollar of total cost:
Labor costs underlie our railroad
difficulty. They are the cause of
the excessive railroad rates. We
formerly sold pig iron at a profit
at about $14 a ton. Today the total
freight rates involved in making
ton of pig iron are n ore than $14.
But the railroads cannot give
service even at present rates with
their existing costs.
Railroad costs must come down
and it is in the interests of national
prosperity that our government. act
ing through the railroad labor board
and every other agency, shall re-
DUDE railroad wages and bring costs
down to living point.
1.-THE same situation confronts
our merchant marine. In operating,
building and repairing ships, labor
costs are hopelessly high. That this
is true is shown by the millions "
tons of shipping now lying idle. the
great number of shipyards with no
work to do. and the hundreds of
thousands Of idle shipping and ship
building wOrkmen.
I'm so far as our people in Amer
lea are prepared to go to work at
reasonable wages. in so far as we
are prepared quickly to abandon the
artificial eXtravaga of the war
will we lay the foundations for
new prosperity such as we have
never enjoyed before.
This is the route through which
not merely America but the peoples
of our allies can find their way out
and triumph in peace as they did in
war"
Darwin P. KINGSLEY, president of
the chamber delivered an address
eulogizing Mr.. Schwab for his serv-
ice during the war.