The answer to this is, and it is a favorite argument with the people: Increase the price of services; double and triple wages.
I confess that if such an increase was possible it would be a complete success, whatever M. Chevalier may have said, who needs to be slightly corrected on this point.
According to M. Chevalier, if the price of any kind of merchandise whatever is increased, other kinds will rise in a like proportion, and no one will benefit thereby.
This argument, which the economists have rehearsed for more than a century, is as false as it is old, and it belonged to M. Chevalier, as an engineer, to rectify the economic tradition. The salary of a head clerk being ten francs per day, and the wages of a workingman four, if the income of each is increased five francs, the ratio of their fortunes, which was formerly as one hundred to forty, will be thereafter as one hundred to sixty.
The increase of wages, necessarily taking place by addition and not by proportion, would be, therefore, an excellent method of equalization; and the economists would deserve to have thrown back at them by the socialists the reproach of ignorance which they have bestowed upon them at random.
But I say that such an increase is impossible, and that the supposition is absurd: for, as M. Chevalier has shown very clearly elsewhere, the figure which indicates the price of the day's labor is only an algebraic exponent without effect on the reality: and that which it is necessary first to endeavor to increase, while correcting the inequalities of distribution, is not the monetary expression, but the quantity of products. Till then every rise of wages can have no other effect than that produced by a rise of the price of wheat, wine, meat, sugar, soap, coal, etc.,—that is, the effect of a scarcity. For what is wages?
It is the cost price of wheat, wine, meat, coal; it is the integrant price of all things. Let us go farther yet: wages is the proportionality of the elements which compose wealth, and which are consumed every day reproductively by the mass of laborers. Now, to double wages, in the sense in which the people understand the words, is to give to each producer a share greater than his product, which is contradictory: and if the rise pertains only to a few industries, a general disturbance in exchange ensues,—that is, a scarcity. God save me from predictions! but, in spite of my desire for the amelioration of the lot of the working class, I declare that it is impossible for strikes followed by an increase of wages to end otherwise than in a general rise in prices: that is as certain as that two and two make four. It is not by such methods that the workingmen will attain to wealth and—what is a thousand times more precious than wealth—liberty. The workingmen, supported by the favor of an indiscreet press, in demanding an increase of wages, have served monopoly much better than their own real interests: may they recognize, when their situation shall become more painful, the bitter fruit of their inexperience!
Convinced of the uselessness, or rather, of the fatal effects, of an increase of wages, and seeing clearly that the question is wholly organic and not at all commercial, M. Chevalier attacks the problem at the other end. He asks for the working class, first of all, instruction, and proposes extensive reforms in this direction.
Instruction! this is also M. Arago's word to the workingmen; it is the principle of all progress. Instruction! . . . . It should be known once for all what may be expected from it in the solution of the problem before us; it should be known, I say, not whether it is desirable that all should receive it,—this no one doubts,—but whether it is possible.
To clearly comprehend the complete significance of M. Chevalier's views, a knowledge of his methods is indispensable.