understand that 'high wages' and 'low wages' are
phrases that don't mean anything in the world until
you find out which of them will BUY the most!"

It was a crusher.

But, alas! it didn't crush. No, I had to give it up.
What those people valued was HIGH WAGES; it didn't
seem to be a matter of any consequence to them
whether the high wages would buy anything or not.
They stood for "protection," and swore by it, which
was reasonable enough, because interested parties had
gulled them into the notion that it was protection which
had created their high wages. I proved to them that
in a quarter of a century their wages had advanced but