The prices of raw materials do not fluctuate directly with the labour cost of producing them. Charles E. Wilson Read Quote
Costs of manufactured articles importantly depend on the cost of raw materials as well as labour. Charles E. Wilson Read Quote
No one should be so naive as to think that wages among organized groups will not be increased, under pressure if necessary, to make up for increases in the cost-of-living, nor should anyone ordinarily object to such adjustments. Charles E. Wilson Read Quote
The thing that contributes to anyone’s reaching the goal he wants is simple wanting that goal badly enough. Charles E. Wilson Read Quote
A study of the history of wages back through the years indicates clearly that when the cost-of-living rises appreciably wages have shortly been adjusted upward also. Charles E. Wilson Read Quote
That co-operation and peace rather than industrial strife and strikes will best promote the prosperity of the employees the company and all of the people and even strengthen the nation. Charles E. Wilson Read Quote
Furthermore, there is no good ethical or economic reason for asking workmen and current producers to forego all economic gain in order to increase the purchasing power of all the wealth accumulated in past years. Charles E. Wilson Read Quote
If workmen are denied any increase in real wages and they can look forward only to a better standard of living through reduction of prices, progress for them is terribly slow, and they become impatient and dissatisfied. Charles E. Wilson Read Quote
Our thinking behind these agreements is that we want all jobs in General Motors to be good jobs. Charles E. Wilson Read Quote
In my fifty years of experience and memory, I have seen the most amazing increase in the standard of living of a people ever achieved anywhere in the world. This is why I am so sure that our system of free competition and industrial development is sound and must be preserved. Charles E. Wilson Read Quote