A MIRACLE OF CAPITALISM
[To the Editor of the SPECTATOR.] SIR,—Congratulations on your first article to-day. May I add that Taylor's The Principles of Scientific Management was the gospel of high wages and large output to the United States twenty years ago, and is still worth perusal ? Socialists assert that piece-rate-cutting by employers (denounced among other things by Mr. Taylor, and mentioned in your article as a thing of the past) is still rampant here.—! am, Sir, dre., EDWARD PEASE. Hinderivell, North Yorkshire, November 7th.
[If piece-rate-cutting is still rampant we can only say that the best thing Unionists can do is unceasingly to point out the folly of it. I Tnionism will not win in the long run unless it proves itself to be a really beneficent alternative to Socialism. It can easily do this, unless it is prevented by its clumsy friends. It has all the economic facts on its side.— En. Spectator.]
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