The Rotary Balita no. 692 (March 13, 1952)

Leaders of organized labor appear to act on the premises that wages are a matter of negotiation. If this were true, all of us would negotiate ourselves a million dollars a year. But it isn't that simple. You produce something; it is sold. That selling price has to include the cost of the material you used; it has to include taxes to support your government; it has to include a small-a very small-amount needed to keep your company in business. The rest is your wage. If you produce more, there is obviously more for you. If you produce less, there is then less for you. You decide your wage by your production. And you decide something more-the security of your job. The less you pro- duce, the more the product costs. The more it costs, the fewer people there are who will buy it. The fewer people who buy it, the less demand for your work-the less secure your job.