Could this proposition be more tersely stated? It can be and it is more tersely stated by the same author in the �ame chapter. Speaking of the inability of America to compete with the pauper labor of Europe. he says: They can not do so and at tie same time secure the American rate of return on their work. The inability no doubt exists. but it is one created. not by the drawbacks. but by the exceptional advantages of their position. It is as if the skilled artisan should complain that lie could not compete with the hedger and ditcher.
Identified stereotypes
Generalization about the 'pauper labor of Europe' and its impact on American workers.