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Rh Impartial scientific investigations of the amount of the national income have demonstrated that if the whole of it were divided equally among the workers of the country the share of each would be less than what the average skilled worker now receives. Division of the whole income among the workers would be suicidal, for capital must have a suitable return, else it will cease to function, and superior service is bound to command a premium else it will not be given. The same impartial scientific investigations have demonstrated that under conditions existing before the war, excluding the farmers and their produce, out of the remainder labor received about 70 per cent and property and management about 30 per cent with a rising tendency in favor of labor.

There is reason to believe that the accrual to labor of an increased proportion of the produce of industry is contrary to the national welfare and to the real interest of labor itself in that by the discouragement of capital there are tendencies toward the impairment of national income and the promotion of profligacy in living, with the consequences of diminished production and even greater diminution in the surplus available for saving and reinvestment in national plant.

With present and prospective economic conditions in the United States there is no doubt about the ability of the population to obtain a living wage. The discussion touching upon that phrase is not so much a matter of a living wage as it is of the scale of living. Unless production be increased, wastes reduced, and more economy practised it is probable that the American people in general will suffer impairment in their scale of living.

While we believe that labor in the aggregate naturally obtains the whole of the produce of industry after the