New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-12-16

"a IN street and other railways and wherever the
is men In extreme cases must be employed but It
In tbeaa necessity; to be avoided whenever possible
ana 80 cases public sentiment plays potent part
Wa tens settlement.
stril nat the Civic Federation should aim at is that
bkes or lockouts should be prevented. and for
r r can see effective trade agree
has been exhausted to settle the difference by the
operating f in MS VAST men to whose
I'LL must contribute. and in the prosecution OF
VIM" capital and labor are not foes. but allies
MIR BELMONT'S SPEECH
Mr. Bemonts reading of his speech from manu-
Ing and applause.
He said In part:
Statesmen of all nations increasingly labor to
MAINTAIN me- 6I; Pe$ce-peace with honor To that end
nothing so prCdts iabor and capitaI as psace with
honor. One of the methods advocated by this
ganization for the prevention and, when required.
a breach of industrial peace-the prolific mother OF
MISERY'S a conference having In view new or
maintains that such trade agreements must be
c%hsG,lentiously and serupuously lived up to by
am glad to testify to the efficacy and efficiency
OF race to face conferences with honorable en-
ing a common understanding on points in contro-
from such conferonCes Standardization n6tnts fol
lowed a better understanding and a harmonious
agreement In the conduct Of great public service
Brains, and muscle. money and material are the
essen ans 81 s9eSessIu d TRANSPORTATION COMPANY
construction, equipment and operation; those who
provide engineering, mechanical and technical skill.
dIH In3Se VINO IuTnlsh labor. capital labor ana
material must lie dormant until utilized by brains
executive ability, provide the energies essential
the profitable employment Of capital and la Dor
beings can only be conveyed from one place to
other by the cooperation of other human beings.
Human energy, or labor Therefore is as essential
as steam or electricity. This labor Is divided be-
tween tE the executive on one hand; WHICH assumes
the responsibility for invested capital for faithful
service and the regulation Of subordinates and the
charge their important duties in their respective
tai and executive management on one hand and
labor IN the other are bound by a common tie
invested capital From which mean to saw the
rfLlurnS between employer and employe are re-
Trade. agreements. or by whatever name con-
tracts between empoye and employer may be
1tSisnated should be entered on In good faith and
EMPLOYER. by reason of this contract. embarks the
capital Of the investor and the employe his cap
Neither Is independent
rom prohtabie co-oneratIon flow the conditions
i MlsCn convert me aes.' " " garden. and confer
likened to a promfssory note which involves the
ing contracts for labor should establish their
without without SAYING. employerse must be equally pune
1t is pleasure to believe that n, garized labor is
learning more and more the lesson that its share Of
responsibility Tor contract Is equal to- that or
capital The dignity Of labor equals the dignity OF
capital where labor adheres strictly capital
ment | would emphasize TO the leaders of organ
Zed labor the prime Importance the absolute ne
When they have made collective bargain it
represent that the individusI honor of every man
is pledged to abide by The terms and spirit of that
making Of contract with organized labor is
world to which they are accgstomed" am glad
70 learn is becoming more and more the case-then
problem.
After the address Of Mr.. Belmont the following
officers We're unanimously elected: President, Au-
gust Belmont. first vice-president Samuel Comp
ers second president. Oscar s Straus; chair
man OF the ways and means committee Henry
Phipps; treasurer. Charles \. Moore; chairman
welfare department. II. IT. Vreeland; chairmen
trade agreement. Francis /. Robbins and John
Mitchell; chairman executive council. Ralph NJ.
Easey; secretary. Samuel e. Dornelly.
President Eliot Harvard <pok" briefly He said
he was of those in the fedcration who repre-
scented the public, aside from capitol and labor the
latter two being less than ou"-fourth of the total
population. He continued:
Now. say that want something more than
industrial peace as the result of the conflicts be
pie and W. want something more than peace with
nth liberty. tAPpIaueeJ T"W the closed pshop
and the boycott and the union label WI never give
us peace with liberty. tApplause) Never Those
are the means of building up the mouopolies. the
monopoly of the labor union. perfect when the
union has succeeded: the monopoly a trust. per
feet when II has succeeded. We conspicuous
examples of Tho perfect success nt both these mo-
nopoiies in this country | say. therefore. speaking
for the American public. three quarters Of the
civic Federation peace with liberty as well "a
peace with honor. Liberty gave you combatants
your chance To fight: let liberty regulate freedom;
let liberty regulate monopoly. There great
many natural and inevitable mouopolies. and there
are number Of gentlemen i'm this who are
creating with all their might artificial monopoly.
(LauEhter) Now let liberty. which we ALL trust
love, deal with those mUnoDOlieS-
In the little State of Ma ChuSettS have
learned how t. deal with some ACKNOWLEDGEMENTS
roads. for eXample-steam railroads electric rail
Now. free institutions must learn deal with all
sares of lif" Those ueCeSSaricS are plainly food
fuel light. transportation. We have got to learn
10 deal by the ma tiOnal government with all those
(ApplauSel because the rnOnOyEIieS
themselves national in scope and ! am very
thankful to that the present government Of the
United States is beginning TO think how il can
desl with monopoly the monopoly of transporta-
lion There is the way in which progress lies;
there is the way where peace lies and honor and
freedom Great applauscD
In addition to the speeches already mentioned
the following spoke the dinner of the Civic
last night: Henry Phipps expressed his
qualification Ut the improvement which had been
made in the settling Of labor DISPUTES and Oscar
$ Strtus said that he believed there was no s,Irer
way TO bring International peace than have in
iuStri;l peace