Just twelve years ago, Henry Ford made an announcement which, for the moment, turned industry upside down and brought workmen by the tens of thousands storming for jobs. His announcement was that thereafter the minimum wage in his industries would be five dollars for a day of eight hours. At that time a good wage was two dollars and a half for a day of ten hours. Now he makes another announcement far more important than the one which then went round the world.

HENRY FORD: Why I Favor Five Days’ Work With Six Days’ Pay

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