The Meridian times. (Meridian, Idaho) 1909-1938, 1920-09-03

loans. Today everyone comedies the
morality, the humanity and the justice
of the usury laws.
Public Welfare at Stake.
Men investing money in Business In
Jure the public welfare when they
profiteer. We call 1t robbing the con-
sumner. How much greater the lar
ceny when the excess profits come
from the sweat of the producersl
Business should be honestly organized.
The capital stock of the corporation
should represent money actually in
vested. The investors are entitled to
a reasonable interest on their invest
ments, to an insurance against the
"rainy day" They are entitled to
set aside a percentage of the earnings
to replace the capital invested. After
this is done the balance belongs to
the workers. Into the business they
have put their lives; out of the busi-
ness they should get more than liv-
ing. Their lives are lived in their
work, they have a right to say In
their own lives.
No one that ] have met has the
plans and specifications for the New
Order" but everyone has in mind the
general outline. The government, the
working men and the employers
should cooperate in making the plan,
in building the Tomorrow"
A step I'm the right direction is the
Industrial conference recently called
by the president. In the preliminary
statement of this conference, We find
much cause for hope. They have pre-
scented a plan looking to the settle
ment of industrial disputes by arbl-
tration. The plan is tentative In form,
the framework for the completed
structure. II contemplates the estab,
lishment of a national industrial court
of nine memtacs, located in Washing
| ton, with the functions of court of ap
| peals, to determine disputes referred
to it. The country is divided into re
gions, with regional boards of In
| quiry and adjustment, to which may
| be submitted controversies between
employers and employees for settle
| ment. The chairmen of these dis
putants will have equal representa-
| ton on the board. To insure conf
dence in the boards the members arr
to be picked from panels of employ
ers and employees submitted by thu
| secretary of commerce and the secre
tary of labor, similar to jury panels
prepared for the courts. Each sid
shall be entitled to a specific numbe
of challenges, and the yerdicts of tn,
industrial juries must be by unani
nous vote.
For the Justice of Right.
1t is not compulsory arbitration. I
is plan by which employers and EN-
pIoyees may settle their differences Of
merit rather than by force. 1t ha
an advantage over the settlement o
industrial disputes by the strike, 4
that production will not be stopped
class hate will not be developed. TIL
justice of right rather than the fore
of might will settle questions. Thi
machinery will give public opinion
chance to act intelligently and effet
lively. An interesting paragraph reads
"Whenever an agreement is reached b
the parties to a dispute, or a deter
mination is announced by a regiona
board of adjustment, or by an umpire
or by the national industrial trfbuna
the agreement shall have the fu
force and effect of a trade agreemen
which the parties to the dispute ar
bound to carry out"
We are facing the east. The ne'
day is breaking. A better under
standing between employers and en-
pl0yees is in sight. Let no one stan
in the way of compromise and conce:
sion.
To avoid entangling alliances it
not necessary to abandon Europe. 7
put an end to war, some open agree
ment of nations is necessary. SecrE
treaties must cease; the new inte
nationalism must be a covenant il
surfing the democracy of the worl
Americas place is in the vanguaT
Of the movement toward the NE
! Order" We are world power: W
cannot escape our place and our r
sponsibiIity in the family Of nation
am sure we do not want to. Oh
foreign policy is America for Anne
leans and All for Humanity" tt
creed of our house is Man Is FL
Brothers Keeper"
Copyright. 1890. Western Newspaper Unio
The Real London.
English air, working upon LondC