Increase of Wages per cent. relatively to 1850.
19th Century Yves Guyot EnglishThis table also shows how thoroughly wages are subject to the Law of Supply and Demand. After having risen by 43 per cent., they again fell to 39·18 per cent. when trade was slack.
In France, Parliament is overwhelmed with complaints from miners. In spite of this, we see agricultural labourers go unceasingly to swell their numbers, which have increased by 11,000 from 1890 to 1891.
Working miners, underground and on the surface, earned:—
The increase is therefore close upon 100 per cent. in 47 years. And this figure is too low, because it mixes up the underground labourers with those on the surface, and the wages of those underground are 4 fr. 62. The rate of money wages per ton of coals was, in 1885, 5 fr. 39. In 1890 it rose to 5 fr. 62, and, in 1891, to 6 fr. 09. In Germany, during the last fifteen years, wages have risen from 75 to 150 per cent.
To the increase of money wages, and to the ease with which workmen can now obtain more articles for the same money, must be added the reduction of their hours of labour. Mr. Robert Giffen estimates that in England it must be reckoned as additional increase of 20 per cent. on wages. He showed, in 1884, that the same man who fifteen years ago, after having paid his rent, had a balance of 15s. per week, now has a surplus of 27s. 6d.
M. Bodio has made the following calculation relating to the workers in the textile industries of Italy:—