Publisher's Synopsis
Excerpt from Notes on "Progress and Poverty" A Reply to Henry George
The apparent decrease in the last decade was a real increase. On account of the in?ation of values in 1870, the purchasing power of $37 in 1870 was less than that of in\1880. Even these figures do not give the full gain of later over earlier years, for the propor tion of females employed in manufacture is greater now than formerly and, as they receive less pay than males, the proportionate increase in their numbers. Tends to lower the average wage-rate.
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