The labor world. [volume] (Duluth, Minn.) 1896-current, 1919-06-21
GREATNESS, PRODUCT OF JUS.
TICE.


TICE.
Frank A. Vanderlip, who recently
came back from Europe, has been
indicating that he observed keenly
while abroad A couple of weeks
ago Mr.. Vanderlip addressed a group
of financiers and told them that in
his opinion Industrial unrest in Eu-
rope is something seriously to. be
reckoned with. Mr.. Vanderlip did
not paint a rosy picture.
Immediately following this address
a number of persons were inter-
viewed by the newspapers and sew
eral statements were secured to the
effect that Mr.. Vanderlip was see-
ing things in far too dark a light.
1t so happened that following the
publication of these interviews. Mr..
Vanderlip found opportunity to
make another speech. He reaf-
firmed what he had said in the first
place. Here is one of the things
he said in his second speech:
THE nation that dominates the
world is going to be the nation that
brings about harmonious elation
between capital and labor
Discussing the question of Eu-.
ropean unrest and it's causes, he
said:
1T is not altogether hunger and
want, because you find the present
order Of society questioned and
questioned by considerable minor
ity in every European country, in
Guiding England. There has come
to be suspicion of the efficacy of
high wages in the minds of a great
many workers. They organize,
they strike, they get advances and
they find they have not more COM
fort than they had before. The
cost OF living is rising in many
cases more rapidly than even the
rapidly rising wages and there is
great suspicion in the minds of the
;,reas body of workers that there is
legerdemain, there is something by
which you can apparently hand them
alsh wages that they are worth no
more TO tie man who earns them,
and with thai suspicion in the minds
. men, the, is always inflammable
ollterial."
Mr.. Vanderlip went on to point
out that today steel is being made
in the United States $40 ton
cheaper than in England. He con-
tended that Ensland's former posi-
ttcn In the markets O. the word
was due to: a ditferential in wages.
He believes that recent wage in
rreases in England have oblitera:el
The olu'time differen,is' and i.
called up"H lis hearers &C. speculs:,
as to W I'll this would mean in .tr
markets of the future. He warned
his hearers, however, that 1--WE can
not have under-payment of labor
mere, either" Mr.. Vanderbilt sees
industrial peace only in industrial
justice and he gives some evidence
that his conception of industrial
Justice is considerably more I'd.
vanced than the conception of
great many other industrial mag.
mates.
When Mr.. Vanderlip says that tte
cost Of living is rising in MANY eases
more rapidly than even the rapi lily
rising wages and suggests that a
great many workers look upon this
with suspicion, he is not TALKING
idly. With workers the whole cues
ton OF living hinges around the re-
lat1on between wages and the COS.
OF living. The worker TODAY has
stopped thinking about wages in
terms of dollars and cents, but is
thinking about wages in terms Of
what wages will buy. The worker
understands that wages are relative
and his real income is the amount ne
can buy for his money and not sum-
ply the amount of money he gets.
We advise all employers to give
serious consideration to Mr.. VI nder-
lips statement that the greatest ma
ton in the future will be that ma
ton which most speedily brings
about harmonious relations between
employers and workers. The great
est nation and the happiest nation
u the future will be that nation
Il! T.. "a. t+.s,,