South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-12-07

While this set OF problems IS com
monty comprehended under the gen.
| eral phrase capital and labor Il Is
really vastly broader. Il is ques-
I ton OF social and economic organ
Y ization. Labor has become a large
! contributor. through its savings 20
/ the stock OF capital. while the people
who own tie largest individual ag-
/ Rregatea OF capital are themselves
often hard and earnest laborers.
Very often II Is extremely dim
cult 20 draw the line OF demarca-
ton between the two groups; 70 de-
termine whether a particular indi-
vidual Is entitled 20 be set down as
a laborer or a capitalist. In a very
large proportion OF cases ne IS both
and when ne IS both, he Il the most
useful citizen.
People and Labor.
The right Of labor 20 organize
is Just as fundamental and necessary
az is the right OF capital 20 organize
/ The right or labor TO negotiate. TO
deal with and solve its particular
| problems IN an organized way
through It's chosen agents, IL just
az essential as IS the right OF cap
/ ital TO organize. TO maintain cor
porations TO limit the liabilities OF
stockholders.
Indeed. we have come 10 recog-
nize that the limited liability OF the
citizens a. r member Of labor or
ganization closely parallels the linn
| itation Of liability OF the citizen as
stockholder in a corporation for
profit Along this line Of reason
| ing, we shall make the gre test pro-
gress toward solution OF our prob
| lem OF capital and labor.
"Just as il is not desirable that
a corporation shall be allowed TO
impose undue action upon the pub
lie. 80 il is not desirable that a labor
/ organization shall be permitted TO
unfair terms and subject the public
20 actual distresses in order to en-
force It's terms.
Suggests Tribunal.
Finally, just as We are earnestly
: seeking for procedures whereby TO
adjust and settle political difficulties
| between nations without resort 10
war. so we may well look about for
means to settle the difficulties be-
/ tween organized capital and organ
I lied labor without resort to those
/ forms OF warfare which we recog-
nized under the name OF strikes,
/ lockouts, bOycotts and the like.
/ "As we have great bodies OF
law carefully regulating the or
ganiLatiOn and operation OF in
dustrial and fiancial corporations.
! 80 we might well have plans OF
conference. of common council or
arbitration or judicial determine
ton i'm controversies between labor
and capital.
ITO accomplish this would in
Volve the necessity to- develop a
acknowledging code OF practice i'm
dealing with such affairs. With
rights. privileges, immmities. and
modes OF organization thus care
fully defined. il should b. possible
TO set up judicial or quasi-judiclal
| tribunals for the consideration and
determination OF all disputes which
menaces the public welfare.
solution Possible
"In an international society such
as ours, the strike. lockout and the
/ boycott are as much out OF place
and disastrous in their results as
war or armed revolution in the do
main of politics
The same disposition to reason
ableness 10 Cancellation, 10 reckon
out the other sides of the points OF
view. The same provision Of fair
and recognized tribunals and pro-
cesses ought to make il possible TO
solve to one set Of questions as
easily as the other. / believe the
solution is possible.
The consideration such policy
would necessitate the exercise of
care and elaboration In the con-
struction OF a code and a charter of
elemental rights, dealing with the re-
lations OF employer and employee.
This foundation in the law dealing
with modern conditions Of social and
economic life would hasten the
building Of the temple of peace in
industry which a rejoicing nation
would acclaim.
Land For Soldiers?
After each war. until the last.
the government has been enabled TO
give homes to its returned soldiers
and large part Of our settlement
and development has attended this
generous provision OF land for the
nations defenders.
There is yet unreserved approx-
mately 100000 600 acres in the pub
lie domain, 20,000.0O0 acres of which
are known 10 be suspectible to re-
clamation and made fit for homes by
provision for irrigation.
The government has been assist
ing in the development Of its remain
ing lands, until the estimated in
crease in land values in the irrigated