Daily Kennebec journal., 1922-04-11

.,oye Post. American Legion, and
4. WaieIviile-Winslow Chamber Of
..-.rerce was held at the Legion hall
,,.rsav evening and was attended by
Ire number from both bodies.
/, was the great privilege OF the
~, .rt tho Chamber of Commerce
.. have az the speaker for the eve
,,s Hon George w. Cartwright. vice
..s.l.nt of the American Education-
ASSOCIATION and former United
..,,,a senator from California.
s.-,tor cartwright has been study
t,s.r..s economies for years and
~, raeoen zod authority en- the sub
~, tIs speech was bright and wit
-.I also nlcd with good, sound
,r-,..a scnro which deeply impressed
.. errors with his unanswerabie
.osc
decidedly interesting part of Sem
...rr,rturIehts speech dealt with the
...,,ong between capital and labor.
d.. fret stated that there are three
..s...tq the world has made about
.,g.s and went on 10 say that this
.,I,,od not only to the employer but
n M. general public and workers Of
~ community. That probably 90 per
c.,t of ~, world believes the worker
. brs, N when he receives the highest
,,r,s and probably 80 per cent. of the
,.,r..,,rs believe that their employees
,,e hest ~ when they are paying low
v,rcs They have overlooked the
,.r-rfe economic fact that the ques-
,an Of wages is scientific one and
Ella. wag,s either too low or too high
.ra DISASTROUS both TO labor and cap
UaL
poth the worker and tho employer as
vl. as tho general public are best
m vEor wages conform to the eco
,orr.c law. and that law means that
mo general lowell Of wages in any
e.urtry should be maintained at the
point ihat viii enable the industries of
shat country To compete in available
markets with the strongest competitor
ard sun Lave a margin Of profit sutii-
t.et 'n induce Investment.
MA to one invests. labor goes un-
sur,url. Idle dollars mean idle men.
I, w. wage is above the level the
,.-un'o law can sustain. industry
I- pr,.'ric and labor walks the
Nr.e' - the wage is below what the
, ,.roW'r 'oN can support, It results
. 30 Unnecessary impairment of the
f.,. H1...r mower Of labor. which
. ..t s'7ruant market. poor busl-
Il. ard hard collection and general
d pr.ee,a.
rL, scientific wage lies between
trrer two extremes. 1t may vary and
lt dUts as the relative conditions of
IGuus. and employment change in
11ao.s countries. ii We raise wages
'u i'uu a day and are able to pay it,
labor would he no better off because
tlr. ,.uuOmic law. which no main or
hY3t u' men can control. would very
s.ou raise the living expenses 100
p.r cont ana the worker would be no
hft.r uT If wages were $l.00 day,
I. economic law would drive liv-
uE down 10 lower level. The
vu.lor the employer and the public
,to b.'t,r off when the worker re-
tntrs IN economic wage. for that
v.I G.lr him the maximum possible
i3. EASING mower. without destroy
.fS industry.
N0o'h'r point upon which people
+ 90 deceived themselves, said Sen
War Cartu right. is that capital pays
luur II never did. il never can and
U',cr viii and if It could. it should
r.t i' p'mlttcd To pay labor. If cap-
y dH paw labor. capital would soon
.#.."n Exhausted and civilization
"u.Id lass away. Had no one saved
tr accumulated from the beginning
q. time. We would still be living un-
onr The shelter of rocks and caves.