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Excerpt from The Currency, Specie Payments: Speech of Hon. John Sherman, of Ohio, in the United States Senate, January 16, 1874
All modern experience teaches the importance of the division of labor. Indeed that is the favorite tepic of every writer on political economy. Every man to his trade, and if the trade can be subdivided into many specialties, then every man to his specialty. I was in the celebrated manufactory of steel pens of Mr. Gillett, and saw that it required the labor of thirty men and women to contribute to the making of this implement. Each one was skillful in his part, and this part was perfectly done, and this subdivision of labor and skill gave increased wages and value to the work of each laborer, secured a fortune to the owners, and a perfect pen to the world. The same law which demands a division of labor is applied to professional and. Scientific pursuits. The law has many specialties. The honors of science are only won by those who devote their mental faculties to one branch of study. The same law extends to all leading produc tions, as cotton, wool, wheat, corn, and gold.
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