[Congressional Record Volume 142, Number 102 (Thursday, July 11, 1996)]
[Senate]
[Pages S7679-S7680]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE MINIMUM WAGE
Mr. DORGAN. Mr. President, I am going to begin a brief discussion
along with two of my colleagues who will appear shortly, Senator Breaux
from Louisiana and Senator Rockefeller from West Virginia, on what we
have called the families-first agenda that we developed to lay out what
we think we would like to accomplish in the months ahead and also in
this and the following Congress.
Before I do that, however, I wanted to share with my colleagues
something that I will share at greater length at a later time.
Yesterday, we voted on the minimum wage. There has been a lot of
discussion back and forth on the issue of the minimum wage, and the
opposition to the minimum wage from some is that it will cost jobs;
from others, that there ought not be a minimum wage.
There has been a lot of controversy about it. The Congress I think in
its good judgment decided after about 7 years that another adjustment
should be made; the last adjustment was made in the latter part of
1989. But we will still have some discussion about it because there
needs to be a conference and, I expect, more debate in the Chamber
about the minimum wage.
Last evening, I found something that I want to share with my
colleagues which I think contributes to the debate some. It is a piece
written by Edward Filene. Some will remember, especially in
Massachusetts and others around the country, the name Filene because
Filene is the name that is attached to department stores, Filene's
Basement among others.
Edward Filene, September 1923, a businessman of some significance at
that time, wrote the following. And this is only the last paragraph. I
intend to share this at greater length with my colleagues at a
different time.
``The Minimum Wage,'' Edward Filene says in 1923.
In this connection, I will call attention to a result which
cannot be ignored--to the man who has produced the best
commodity for the price of its kind in the world, produced in
quantities never before dreamed of
[[Page S7680]]
and produced it so cheap that it can be sold in competition
with the cheap labor of Europe--so cheap, indeed, that no
country can make it to compete with him. I refer to Henry
Ford. He has produced twelve hundred thousand automobiles a
year--eight a minute--has financed his whole business from
the profits, and has become the richest man in the world. And
the minimum wage he pays is so high that if it were proposed
in Massachusetts, those who advocated it would be set down as
crazy. Even at his high minimum wage, he has been able to
employ the lame, the crippled, the blind of the community not
as a charity but at a profit. The statistics in his
autobiography covering these facts are amazing. The
demonstration of the possibility of the minimum wage speaks
louder than my words and I hope it may be borne in mind in
any decision of the minimum wage question.
This was September 1923, by Edward Filene, a businessman of some
significance, then. I wanted to share this, which I think is a
wonderful piece about the minimum wage written some 70 years ago, but I
think it is still relevant today with respect to the questions that we
face.
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