THE COST OF STRIKES.
Strikes are sn expensive mode of sett ling labor dispute—especially for the strikers. A New York financial journal computes the loss, In wages alone. during the recent strike* In America, at 2,800.000 dol. The lobs falls upon the discontented workmen; but the whole American community is made to share in their misfortunes. The loss owing to delayed and cancelled contracts is estimated at two and a-half millions, and it is said that five-and-twenty millions' worth of new business hatrbeen refused, owing to the timidity and uncertainty which at present weigh upon the employing classes. Capital is the most sensitive of organisms, and a very slight chill withers its erowth. and with it the whole prosperity of a nation. It taken a very long time to build up the mutual confidence and sense of security on which credit is founded ; and any unscrupulous politician and headstrong demagogue can do something tcwudi shattering it.
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Ashburton Guardian, Volume V, Issue 1294, 21 July 1886, Page 3
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156THE COST OF STRIKES. Ashburton Guardian, Volume V, Issue 1294, 21 July 1886, Page 3
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