Are the workers wholly to blame for this state of things? Our. authors do not think so. They say. in the foreword. to their book:
"Any impartial observer mu: that the traditional employers in many British industry ies ig largely to blame for the opposition to payment by results." ter experience has taught the work or that when he puts his back into yh job and. accomplishes a~ large at put and high wages the foolish employer promptly cuts his rate pay and so discourages a like effort on the part of other employees.
To illustrate the fect that a large output and the reduction of costs tends to an increase of business, the authors take the output of the Ford Motor Company from 1908 to 1921, In 1908 the production of motor cars was 10,660 at a price of $950. In 1824 the production of the same models was 1,003,419 at 8 price of $290, That is to say, the price in 1924 was one third of the 1928 price, the output cas increased 200 times.
Text read from the printed page and cleaned; old type leaves the occasional error.