to 5 per cent. interest on his potential value. His accumulated experience increases his potential value, until at the age of 24 it reaches $15,800 and he draws interest, in the form of wages, to the amount of $15.80 per week. This is practically his maximum, and is practically 50 per cent. more than that of the unskilled laborer. The writer objects to the word "unskilled" when applied to ordinary laborers, for the word does not fit. His experience has shown him that many of these men are wonderfully skilled in the work with which they are intrusted and, therefore, wishes to make a plea to substitute the word "untrained," for the other more objectionable word.
Mr. Dodge stated experience showed that 5 per cent. of the apprentice group, acquiring the machinist trade, rise above the line made by his average man; 35 per cent. follow the line closely; during the period of training about 20 per cent. leave of their own accord, and, as near as can be ascertained, go to other shops and continue in the line originally selected; 40 per cent., however, are found unworthy or incompetent, and are dismissed, probably never rising to the $15.80 line. On this point he remarks:
"Appenticeship of to-day in many establishments does not make the man, broadly speaking, a mechanic—in a majority of cases he is a specialist or tool hand, and not comparable with the old mechanic, who was a worker in metals, had some
