The 50 Years Ago column from the June 1962 issue of the Socialist Standard
An interesting debate took place recently in Parliament, in which Liberals, Tories, and Labour members took part—albeit it was somewhat confused. The subject under discussion was the industrial unrest and the disappointing tone of the King's Speech. Mr. J. Ramsey MacDonald started the ball rolling by moving an amendment regretting "that having regard to the existing industrial unrest arising from a deplorable insufficiency of wages which has persisted notwithstanding a great expansion of national wealth, and a considerable increase in the cost of living, your Majesty’s gracious speech contains no specific mention of legislation securing a minimum living wage and for preventing a continuance of such unequal division of the fruits of industry by the nationalisation of the railways, mines and other monopolies.”
After various contributions to the discussion, such as profit-sharing, nationalisation, minimum wage, and all the resuscitated “remedies,” Lord Hugh Cecil (Tory) submitted the following comments: -
“If the Opposition could not agree to the remedies proposed by Labour members it was not because they were indifferent to the sorrows and sufferings of the working people. Low wages were the result of competition, and the nationalisation of industries would not remove competition but merely shift the arena. People were paid not what they deserved, but they got what the rarety and desirability of what they had to sell would bring them.”
Mr. J. M. Robertson (Board of Trade) “ questioned whether the nationalisation of railways would put an end to Labour unrest or would provide more adequate remuneration,” pointing out that in countries whose railways were nationalised there was considerable unrest.
Thus proving that at bottom the
representatives of the master class
understand the economic position of
the workers, and that in certain
circumstances they are betrayed into
giving expression to that knowledge.
From the Socialist Standard, June 1912.
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