The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1900-11-03
Discusses Some of the Political Issues
Briefly Before the Sound
Money League.
HE SUGGESTS ARBITRATION
AS THE BEST REMEDY FOR COSTLY
STRIKES AND LOCKOUTs,
And Says Overproduction and GIut-
ting Of Markets Is the Curse of
Both Labor and Capital.
special TO the Indianapolis journal.

Special to the indianapolis Journal.
CHICAGO, Nov 2-Francis T. Roots, OF
Connersville, Ind, and Representative
Boutel. of this city, addressed the Bust
ness Mems Sound-money League tonight.
The meeting was under the auspices of the
Republican national committee and was
well attended Mr. Roots spoke by special
invitation. His speech was literally ap-
plauded. He said In part:
my countrymen, the tariff and the
money question having been determined for
years to come unless interfered with by
President or hostile legislature, the great
question that must engage the attention of
the best minds of this country is the proper
relation and adjustment of labor and cap
ital. The man that widenS the breach be-
tween these great forces IS ar enemy TO
both The man that offers a peaceful
luton for the perplexing questions that rise
between them is benefactor.
"One of the sources of greatest loss to
both labor and capital is the enforced idle
ness of both in case of strikes and lock-
outs. The loss to labor during the thirty
one days in the late coal strike, where 49,,
600 men were concerned and out of employ
ment, was 81 100000, and the loss to capital
as much. How can this great sacrifice be
averted2 Our answer is by arbitration, the
great peacemaker of the industrial and
commercial world The advantages of ar
bitration and the attendant blessings are
so many that we wonder why IL has not
long ago become the organic law of the
land. Let US note some of these advan-
tages. First, when men have differences
and they agree to arbitrate, it evinces a
desire on both sides to do that which is
right and maintain amicable relations be-
tween the parties: second. 1t would save
life, property, misery and all the attendant
evils that follow in the wake of strike,
such as restitution. hunger, want, hate and
too often death; third 1T would enable la
Dor and capital to work without Interrupt
ton, pending the settlement of an arbitra-
ton of their differences. For one advo-
cate, If 1t were possible that laws be
passed such as would provide that in case
of differences between employer and en-
ployes, between labor and capital with the
consent of the parties concerned). that
these differences be left to a board of ar
bitration, and, pending their decision, the
work should progress without interruption
and that the decision of the board should
be final. Such state OF affairs exists in
New Zealand, where strikes are unknown.
COURTS OF ARBITRATION.
"Why should we not have courts of arbi-
tration? In civil cases we appeal to the
courts for redress of our grievances, and
when they are adjudicated and the highest
court of the land decides the case we all
bow TO its decision and peaceably abide by
1t. If our civil courts are just, impartial
and without bemish or suspicion. so will
the courts of arbitration become the happy
medium whereby all capital and labor may
work in harmony, leaving their differences
TO disinterested persons, and, as Shaks-
peare says:
'Poise the cause in Justices equal scales,
Whose beam stands sure, whose rightful
cause prevails
.'Overproduction and Cutting of markets
are the curse of both labor and capital, and
L predict that the day is coming when
labor and capital will meet on the plane
of good fellowship and arrange for year
at a time, sign wage scales and such
agreements will guarantee reasonable
wages 10 employees and reasonable profits
to employer for capital actually invested
and restrict production to the demands of
trade.
President Mckinley is being stigmatized
now as Jackson was in 1872. Then the oppo-
sition issued a circular representing Presi-
dent Jackson robed as a king, and in fam
ing letters styled him King Andrew l. born
TO command Shall we admit that Presi-
dent Mckinley rules with undisputed sway?
Yes. Aye, by countrymen. no President
has ever occupied the White House that
has ever exercised the power that President
Mckinley has during the last sixty or nine
ty days in our troubles with China His
will has been law. His Judgment has been
supreme in our international affairs and
in the serious complications that have
arisen in our relations to the Orient In
the exercise of this power on the part of
the President OF the Republic greater al
most than that of a king, ii has been by
the consent of the governed and by the
una nimous consent OF seyenty-six millions
of people No Popuiist, no Democrat no
Republican, no American citizen has ever
lifted his voice demanding an extra SEES
sion of Congress and take from Mr. McKtn-
ley the power 10 settle these international
questions.
THE greatest compliment that was ever
CONTINUED ON THIRD PAGE.l