The Arvada enterprise. (Arvada, Colo.) 1908-1970, 1920-09-02

amount he receives a. interest on his
loans. Today everyone comedies the
the humanity and the justice
Of the usury laws.
Public Welfare At stake.
Men investing money In business In.
lure tho public welfare when they
pronteer. We cali 1t robbing the con-
sumner. How much greater the lar.
ceny when the excess profits come
from the sweat Of the producers !
Business should be honestly organized.
The capital stock Of the corporation
should represent money actually In.
vested. The investors are entitled to
q reasonable interest on their invest.
ments, to an insurance against the
"rainy day." They are entitled to
yet aside q percentage Of the earnings
to replace the capital invested. After
this 10 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 q liv-
ing. Their lives are lived In their
work. they have 4 right to q say in
their own lives.
No one that I 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 In the right direction 10 the
Industrial conference recently called
BY the president. In the preliminary
statement of this conference. we nnd
much cause for hope. They have pre-
sented a plan looking to the settle.
ment Of Industrial disputes by arbi-
tration. The plan 10 tentative In form.
the framework for the completed
structure. 1t contemplates the estab.
lishment Of n national industrial court
Of nine members, located in Washing.
ton, with the functions Of court Of ap.
peals, to determine disputes referred
to 1t. The country II 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 chalrmen Of these dis
putants will have equal representa-.
ton on the board. To insure conn.
dence In the boards the members ara
to b picked from panels Of employ.
ers and employees submitted BY the
AAneAtarv ~ onrv,vu nrno mn, <hn $4,000
tary Of labor. similar to Jury panels
prepared for the courts. Each side
shall be entitled to a specific number
Of challenges, and the verdicts Of the
industrial juries must be BY unani.
nous vote.
For the Justies q Right
Il 70 not compulsory arbitration. II
10 plan by which employers and en-
ployees may settle their differences on
merit rather than by force. It has
an advantage over tho settlement Of
Industrial disputes by the strike. Ia
that production will not be stopped,
class hate will not be developed. Ths
Justice Of right rather than the force
Of might will settle questions. Thii
machinery will give public opinion Z
chance to act inteliiKentiy and sffec
lively. An interesting paragraph reads
"Whenever an agreement IL reached By
the parties to a dispute. or q deter.
mination 10 announced by a regional
board Of adjustment, or by an umpire,
or BY the national Industrial tribunal,
the agreement shall have the full
force and effect Of q trnde agreement
which the parties to the dispute an
bound to carry out"
We are facing the east. Tho new
day 10 breaking. A better under.
standing between employers and EN-.
ployees 10 In sight. Let no ono stand
In the way Of compromise and conees.
sion.
To avoid entanEiinE alliances Il Il
not necessary to abandon Europe. To
put an end to war. some open agree.
ment Of nations In necessary. Eecret
treaties must cease; the new inter.
nationaiism must be Q covenant In
surfing the democracy Of the world
Americas place IL 10 the vanguard
Of the movement toward the "Nsw
Order" We arc a world power; W
cannot escape our plnce and our ~
sponslbility In the family Of nations.
I am sure We do not want to. Our
foreign policy IL "America for Amer.
leans and All for Humanity" The
creed Of our house 10 "Aan II His
Brothers Keeper"
The Real London.
English air. working upon London