125 Years Ago in The Atlantic
Atlantic, The, October, 2004
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It is well known that wages in India, like wages in China, are very low,—about ten cents a day.
To obtain the foreign market, we must therefore compete with fourteen, twenty, and twenty-four hours a day of work, for seven days in the week, with wages at ten cents a day, or sixty or seventy cents a week …
We are doing all we can to make our people still poorer, to work for still lower wages, that we may undersell, not only England, but India; for to succeed we must undersell the cheapest …
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Thus, after thirteen years of national effort,—of legislation, of subsidizing, of treaties and conventions of every nature,—and superhuman efforts at cheap production, by the reduction of wages and salaries, the substitution of machinery for muscle, and the throwing of millions into idleness, we have got so far below the cost of manufacturing ...
