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nydus/Monopolies and the PeoplePublic
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IX. MONOPOLIES AND COMPETITION IN OTHER INDUSTRIES.

industries in whose operation they aid. It is, indeed, argued that the manufacturer, miner, or merchant who is making enormous profits, pays, therefore, larger and more generous wages; but it is urged on the other side that while this is true in isolated cases, the general rule holds good that the price of labor is governed by the law of supply and demand; and that, as already pointed out, monopoly among producers means a monopoly among purchasers of labor. Let us now, however, leave out this indirect benefit which may, or may not, accrue to the workmen in these various occupations, and find as nearly as we can the number which are, or can possibly be, directly benefited by the operation of monopolies. Let us deduct from the total of 5,647,368, such classes of persons as it is evident cannot have a direct share in the results of a monopoly and are not engaged as skilled workmen in a trade which has been organized to control competition.

We may certainly deduct the following items from the total:

Agents18,523
Clerks, salesmen, and accountants in stores445,513
Commercial travellers, hucksters, and peddlers81,649
Draymen, hackmen, teamsters, etc.177,586
Sailors, steamboat-men, canal-men, pilots, and watermen100,902
Apprentices44,170
Blacksmiths172,726
Fishermen and oystermen41,352
Lumbermen, raftsmen, and wood-choppers43,382
Photographers9,990
Saw-mill operatives77,050
Tailors, tailoresses, milliners, and dressmakers419,157
Total1,632,000
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