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That powerful union in the United States known as tho Knights of Labour have had a sufficiency of strikes. Tho organisation controls a number of newspapors, and these are now assiduously devoting thornsolves to convince their readers that all such proceedings as make capitalists dubious about engaging in or enlarging their operations, with tho result of further narrowing the outlet for labour, involve inevitable disaster to tho working man. They show that strikes cannot possibly end otherwise than in heavy loss to both sides ; that capital and labour must share the profits of industry, and that the struggle for survival is as close and keen among the employers as among the employed; that if trades unionism were able to force wages up to a false level, the bankruptcy of many firms would be certain, and that the stoppage of even a single firm creates a further dearth of work and increased congestion in the labour market; that tho future course of trades unionism should be to endeavour to arrive at an understanding of the conditions which cause so many capitalists to becomo bankrupt, and so much labour to lack employment.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WT18910509.2.11

Bibliographic details
Ngā taipitopito pukapuka

Waikato Times, Volume XXXVI, Issue 2936, 9 May 1891, Page 2

Word count
Tapeke kupu
190

Untitled Waikato Times, Volume XXXVI, Issue 2936, 9 May 1891, Page 2

Untitled Waikato Times, Volume XXXVI, Issue 2936, 9 May 1891, Page 2

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