I do not think labor demands have exceeded labor's fair share. The high cost of living fully offsets the greater wages paid.
Do you think present wage rates can be maintained?
I do not think that present wages can be maintained indefinitely. There will undoubtedly be a reaction with a certain reduction in the cost of living and labor will have to share in the reduction.
What do you think of the important legislation passed in 1916 affecting business, including the eight hour day, increase in income tax, the shipping bill, retaliation against foreign trade interference, etc.?
The eight hour a day law was an abnormal affair undoubtedly forced through for political purposes, and never should have been passed and should be promptly repealed.
The increase in the income tax is all right.
The shipping bill will be valuable if the right kind of men are put on the Commission. Some of these under consideration are wholly incapable.
I believe this answers all your questions.
Very truly yours,
J. G. BUTLER, Jr.