Abstract

Iceland and Industry
Hanson, Earl | July 27, 1927 issue

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Fifty years ago there was little poverty in Iceland because there was little concentrated wealth. At the time of the author's first visit, in 1920, the country hardly knew the meaning of the phrase labor trouble. A month ago, the author witnessed the May Day demonstration in Reykjavik. Four hundred men and women marched down the street carrying red flags and communistic banners, not a single national flag, singing the "Internationale." A well-organized socialistic party, organized labor with some years of practice in striking is ready, awaiting the introduction of industry. The old, peaceful, picturesque Iceland is disappearing.

See Also:

INDUSTRIALIZATION; ECONOMIC development; INDUSTRIES; WEALTH; LABOR unions; CENTRAL labor councils; ICELAND
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