Rensselaer Republican, Volume 18, Number 19, Rensselaer, Jasper County, 14 January 1886 — Production and Consumption. [ARTICLE]
Production and Consumption.
Ten thousand wage-workers, it is estimated, are thrown out of employment every year by improvements in machinery. The expansion of machinery, of course, in turn re-employs most, if not all, this labor, and, so far as labor statistics go to show, leaves the wageworkers in. better condition each succeeding decade. There is A turning point in this question of increasing production without corresponding increasing consumption. Every year brings us nearer to it. A more equitable distribution will become a commercial necessity in a short time, in order that capital, machinery and producing capacity may be profitably employed, to say nothing of the question of justice to labor.— Philadelphia Record.
