123/155 Practice in it is more costly than the experiments at Woolwich. Mr.Dolles, in his new work on political economy, gives some statistics which abundantly illustrate the folly of strikes, although he only gives one side of the case, namely, the losses which fall directly upon the laborers themselves. If to these were added the losses of capitalists, the aggregate would become colossal. In 1829 the Manchester spinners struck, and lost $1,250,000 in wages before the dispute was at an end. The next year their brethren at Ashton and Stayleybridge followed their example in striking and in losing $1,250,000. |