ISBN: 9781144105912

Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free.This is an OCR edition with typos.Excerpt from book:CHA… More...

Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free.This is an OCR edition with typos.Excerpt from book:CHAPTER III The Worker's Family The avowed purpose of Congress in stimulating the development of manufactures was to add to the national prosperity. Variegated industry, it was thought, would render the country independent of foreign nations for military and other essential supplies. At the same time, through the division of labor and the use of mechanical power, the total sum of national wealth would be vastly increased. The forecasts of the early advocates of manufactures have been abundantly fulfilled in this respect. By many tests an enormous multiplication of national wealth and productivity has been shown. Tench Coxe in 1812 estimated the value of all the manufactures of the United States at $172,762,676. In 1919 the value of American manufactured products was placed at more than sixty-two billions, f Within that 107 years the value of the products of American industrial establishments had thus been increased approximately three hundred and sixty fold, while the population had increased sixteen fold. The value of manufactures had accordingly been augmented more than twenty times as rapidly as had the population. None of the bold "Digest of Manufactures," page 676. t "Census of Manufactures," Press Release, May 24, 1921. promoters of a century ago dared dream of such a growth. The actual material achievement of American industry has surpassed enormously the wildest hopes of the forefathers. How has this great augmentation of national production, and how, in particular, have the variousindustries through which this new wealth is produced, affected the working class family? It has been customary, first of all, to accuse manufacturing industry of having broken down the worker's home by taking women and children out of it. The charge is only in part justified. W... Books Books ~~ Business & Economics~~ General Industry-and-Human-Welfare~~William-Ludlow-Chenery Nabu Press<

ISBN: 9781144105912

This is an EXACT reproduction of a book published before 1923. This IS NOT an OCR'd book with strange characters, introduced typographical errors, and jumbled words. This book may ha… More...

This is an EXACT reproduction of a book published before 1923. This IS NOT an OCR'd book with strange characters, introduced typographical errors, and jumbled words. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book. William Ludlow Chenery, Books, Business and Finance, Industry And Human Welfare Books>Business and Finance <