andnoteventhen,unlessitdoessoinagreaterratiothanthatoftheriseofprice:forthough,athigherwages,heemploys,withagivencapital,fewerworkpeople,andobtainslessofthecommodity,yetifhecansellthewholeofthisdiminishedquantityatthehigherprice,hisprofitsareasgreatasbefore。
Thispartialriseofwages,ifnotgainedattheexpenseoftheremainderoftheworkingclass,oughtnottoberegardedasanevil。Theconsumer,indeed,mustpayforit;butcheapnessofgoodsisdesirableonlywhenthecauseofitisthattheirproductioncostslittlelabour,andnotwhenoccasionedbythatlabour’sbeingillremunerated。Itmayappear,indeed,atfirstsight,thatthehighwagesofthetype。founders(forexample)areobtainedatthegeneralcostofthelabouringclass。Thishighremunerationeithercausesfewerpersonstofindemploymentinthetrade,orifnot,mustleadtotheinvestmentofmorecapitalinit,attheexpenseofothertrades:inthefirstcase,itthrowsanadditionalnumberoflabourersonthegeneralmarket;
inthesecond,itwithdrawsfromthatmarketaportionofthedemand:effects,bothofwhichareinjurioustotheworkingclasses。Such,indeed,wouldreallybetheresultofasuccessfulcombinationinaparticulartradeortrades,forsometimeafteritsformation;butwhenitisapermanentthing,theprinciplessoofteninsisteduponinthistreatise,showthatitcanhavenosucheffect。Thehabitualearningsoftheworkingclassesatlargecanbeaffectedbynothingbutthehabitualrequirementsofthelabouringpeople:theseindeedmaybealtered,butwhiletheyremainthesame,wagesneverfallpermanentlybelowthestandardoftheserequirements,anddonotlongremainabovethatstandard。Iftherehadbeennocombinationsinparticulartrades,andthewagesofthosetradeshadneverbeenkeptabovethecommonlevel,thereisnoreasontosupposethatthecommonlevelwouldhavebeenatallhigherthanitnowis。Therewouldmerelyhavebeenagreaternumberofpeoplealtogether,andasmallernumberofexceptionstotheordinarylowrateofwages。
If,therefore,noimprovementweretobehopedforinthegeneralcircumstancesoftheworkingclasses,thesuccessofaportionofthem,howeversmall,inkeepingtheirwagesbycombinationabovethemarketrate,wouldbewhollyamatterofsatisfaction。Butwhentheelevationofthecharacterandconditionoftheentirebodyhasatlastbecomeathingnotbeyondthereachofrationaleffort,itistimethatthebetterpaidclassesofskilledartisansshouldseektheirownadvantageincommonwith,andnotbytheexclusionof,theirfellow—labourers。Whiletheycontinuetofixtheirhopesonhedgingthemselvesinagainstcompetition,andprotectingtheirownwagesbyshuttingoutothersfromaccesstotheiremployment,nothingbettercanbeexpectedfromthemthanthattotalabsenceofanylargeandgenerousaims,thatalmostopendisregardofallotherobjectsthanhighwagesandlittleworkfortheirownsmallbody,whichweresodeplorablyevidentintheproceedingsandmanifestoesoftheAmalgamatedSocietyofEngineersduringtheirquarrelwiththeiremployers。Success,evenifattainable,inraisingupaprotectedclassofworkingpeople,wouldnowbeahindrance,insteadofahelp,totheemancipationoftheworkingclassesatlarge。
Butthoughcombinationstokeepupwagesareseldomeffectual,andwheneffectual,are,forthereasonswhichIhaveassigned,seldomdesirable,therightofmakingtheattemptisonewhichcannotberefusedtoanyportionoftheworkingpopulationwithoutgreatinjustice,orwithouttheprobabilityoffatallymisleadingthemrespectingthecircumstanceswhichdeterminetheircondition。Solongascombinationstoraisewageswereprohibitedbylaw,thelawappearedtotheoperativestobetherealcauseofthelowwageswhichtherewasnodenyingthatithaddoneitsbesttoproduce。Experienceofstrikeshasbeenthebestteacherofthelabouringclassesonthesubjectoftherelationbetweenwagesandthedemandandsupplyoflabour:anditismostimportantthatthiscourseofinstructionshouldnotbedisturbed。