Publisher's Synopsis
Excerpt from A Report on the Total Cost and Labor Cost of Transformation in the Production of Certain Articles in the United States, Great Britain, and Belgium: Made in Compliance With the Resolution of the United States Senate of June 26, 1897
With these explanations, a brief analysis of the data collected is now entered upon, in which the effort is made to indicate those units in the United States, Great Britain, and Belgium, which are the most similar, and for which a comparison can therefore be the more legitimately made.
Agricultural implements - Taking up the various articles for which costs are given in the order of their presentation, it will be seen that quotations of costs obtained for planters' eye hoes in Great Britain, units Nos. 12 and 13, correspond almost exactly in description with units Nos. 4 and 5 for the United States. In the United States, the total cost of producing one dozen hoes of the character described was and of which the labor cost in transforming the materials was and respectively. Similar returns for the Great Britain units were: Total cost, and labor cost in trans forming the materials, and respectively.
For spades, the second article under agricultural implements, infor mation concerning products of practically identical descriptions in the United States, Belgium, and Great Britain was Obtained in units Nos. 23, 24, 25, 27 and 28. The first three units are for the United States, and refer to the same spade, with the exception that different kinds of steel and qualities of handles were used in their manufacture. The total cost of producing one dozen of these spades was and respectively. The labor costpin transforming the materials was in all three cases the same, or and per cent of the total cost. In Belgium, unit No. 27, the total cost was of which the labor cost in transforming the materials was or per cent; and in Great Britain, unit No. 28, of which the labor cost in transforming the materials was or per cent.
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