If whole industries changed overnight, then disposing of the
surplus men would be a problem, but these changes do not occur as
rapidly as that. They come gradually. In our own experience a new place
always opens for a man as soon as better processes have taken his old
job. And what happens in my shops happens everywhere in industry. There
are many times more men to-day employed in the steel industries than
there were in the days when every operation was by hand. It has to be
so. It always is so and always will be so. And if any man cannot see it,
it is because he will not look beyond his own nose.
Now as to saturation. We are continually asked:
"When will you get to the point of overproduction? When will there be
more cars than people to use them?"
We believe it is possible some day to reach the point where all goods
are produced so cheaply and in such quantities that overproduction will
be a reality. But as far as we are concerned, we do not look forward to
that condition with fear--we look forward to it with great satisfaction.
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