Trade Unionism And British Industry; A Reprint Of "the Times" Articles On "the Crisis In British…

Paperback | February 7, 2012

byEdwin A. Pratt

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated.1904 Excerpt: ... INTRODUCTION Three letters recently published in The Times have suggested to me the desirability of reprinting, at the present juncture, the series of articles which I contributed to the columns of that journal between November 18, 1901, and January 16, 1902, under the title of "The Crisis in British Industry." The letters in question (the first of which appeared on October 13, and the two others on October 21, 1903) are as follows:--TO THE EDITOR OF THE TIMES. Sir,--The whole country is ringing with proposed changes in our fiscal policy designed to stimulate and increase our trade. These objects cannot be attained except by means of successful competition with our foreign rivals. How can we compete with them successfully? By modifying or abandoning our system of free imports and by preferential tariffs, so it is said. This is a political answer, and is based upon theory only as yet. But it has a worse fault. It ignores a more formidable obstacle to the maintenance and improvement of British trade than our own and foreign tariff systems combined. This obstacle does not depend upon fiscal policy at all. It exists now and will still exist, whatever alterations be made in that policy. What is the obstacle? It is the fact that the cost of production in many of our great industries is higher than the cost of production in the same industries abroad. Why is this the case? There are at least three causes. First, the cost of living is more for working men here than it is abroad. Secondly, foreigners work more days a year and more hours a day than we do. Thirdly, the English working man's working hours are too often more nominal than real. So long as these three causes remain unremedied it is idle to hope to be able to hold our own with foreign trade. Even if we ass...

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated.1904 Excerpt: ... INTRODUCTION Three letters recently published in The Times have suggested to me the desirability of reprinting, at the present j...

Format:PaperbackDimensions:50 pages, 9.69 × 7.44 × 0.1 inPublished:February 7, 2012Publisher:General Books LLCLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0217298397

ISBN - 13:9780217298391

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