PROCEEDINGS OF SECTION G. 



481 



(F.I TABULAR ILLUSTRATIONS SHOWING THE EFFECT UPON EACH OF THE FIVE 

 CLASSES IF THE EXISTING CONSUMABLE WEALTH IN TASMANIA IN 19il WERE 

 DISTRIBUTED ON THE BASIS OF " THE EISENACH SOCIAL EQUALITY IDEAL." 



Note. — From this analysis it would appear that the Class which would yield most to the pool, 

 to establish the equality ideal of socialism, would be Classes II. and III., "Middle and Upper 

 Industrial," viz., 1,033,953, or 63-64 per cent, of the amount, £1,624,743 necessary to raise the 

 " Lowest Industrial " to equality level. 



These illustratioiis clearly demonstrate that, unless accompanied 

 by increased effectiveness of productive agencies, and by an in- 

 crease in the production of " consumable wealth," all arbitrary 

 increases to ' ' nominal wages ' ' effected by wage board regulations, 

 or by organized '"' strikes " of trade unions, can only succeed in 

 raising "real wages" or "purchasing power" when confined 

 to industries that comprise a small proportion of the community. 



6117. Q 



