The evening world., 1919-02-17


profits.
"prescnt methods Of arrangement
between capital and labor are not
suited 10 the enlightened times IN
which We are living" Mr. King
summed mp. "obsolctc relations be-
tween employers and wago-earners
should he scrnpped, just as VIC scrap
wcrn- out machinery. and Just as the
Paris Peace Conference Is scrapping
the age old methods OF dealing be-
tween nations"
A book. Industry and Humanity
of which Mr.. King is the author and
which has recently been issued by the
Houghton- Mifflin Company, inter
prets his views in the Hight OF his years
OF study OF labor problems. principally
in the industrial centres of the United
States. In n chapter on Representa-
lion In Industry" Mr.. King sums up
his conclusions as TO how future re-
hations between labor and capitai may
hest be regulated on the partnership
basis. lie writes:
Mutual trust. born OF whole
hearted belief in the common inter-
ests of industry. must supersede the
distrust which arises out OF misgiN-
ings concerning opposed interests
Fear must give way to faith in the
several relations. There must be con-
selousness OF common aim In a
common venture. in which gains and
losses alike are shared.
"a partnership. In fact. as well as
In name. * what industry must be-
come II It's twofold purpose is to he
achieved with IA maximum OF good
will and efficiency. and minimum
OF waste of effort and materials
Partnership. TO bc worthy the name
presupposes a willingness to share al
along the line, TO share In a knowledge
and understanding Of the enterprise
MS n whole, and of each others rights
and duties, to share progressively In
gains and proportionately In losses
and nnally Ia share in the control
and the determination OF policy.
~The principle of round table con-
ference underlies partnership.
The rights and duties OF partnership
in the organization and control Of in
dustry obviously must be effected
through some device OF representa-
tlon. The round table con
ference should while avoid
ing their inherent weaknesses, fur
ther the aim which municipal ant
state Socialism and collectiyisn
seek 10 effect by means of IA com
puIsory change In the ownership o
the instruments OF production.
Whilst contributing TO secure TO man
. agement and to capital n progressiv
+, increase in the profits OF industry I
should help TO insure TO labor pro
1 gresslvo improvement in wages an,
hours and In other working condi
tions."
Mr.. King quotes Dr.. Eliot, Presi
dent Emeritus OF Harvard Uni
tverslty, who is a convert TO the part
hershfp theory. and who wrote:
ANY durable method (of industris
; fepresentation) viii include som
form OF cooperative management
and a complete disclosure OF the &C
counts OF the business 10 representa-
tives OF the working force"
Mr. King continues:
"once the principle OF round tabl
conference Is made IN
basis OF government in industry. rea
will give way to faith; the conflict q
opposed interests viii vanish boior
an understanding of common inter
ests; the principles which underli
4 peace, work and health will I'm
roady application. and industry itsti
viii gain that spirit Of hearty co
peration and constructive good wi
hich means its highest efficienc
,sh as an instrument OF product %
] as an agency OF social service.
! ItPartnership W is essentially ma:
" Of status. II does not involv