The Washington times., 1921-12-06
j. S.MUST HELP
FEEBLE WORLD,
SAYSPRES|DENT

UhIUI ulUIULuI
Continued from Page g.
Der Of labor organization closely
parallels the limitation of liability
Of the citizen az q stakeholder In
corporation for profit. Along
this line OF reasoning we shall
make the greatest Progress toward
solution Of our problems Of capital
and labor.
Public Must he Protected.
In the case Of the corporation
which enjoys the privilege Of lin
tied liability Of stockholders, par
ticulariy when engaged in the pub
lie service. 1t is recognized that the
outside public has a large concern
which must be protected; and so
we provide regulations. restrictions,
and in some cases detailed super
vision. Likewise in the case OF
labor organizations, we might well
apply similar and equally well-de.
fined principles Of regulation and
supervision in order to conserve the
public's interests as affected by
their operations.
Just as II il not desirable that
corporation shall be allowed to i'm.
pose undue exactions upon the pub
lie, 90 II is not desirable that a labor
organization shall be permitted to
exact unfair terms Of employment
or subject the public to actual dis
tresses in order TO enforce it's terms.
Finally, Just as we are earnestly
seeking for procedures whereby to
adjust and settle political differ
ences between organized capital and
organized labor without resort to
those forms Of warfare which we
recognize under the name Of strikes,
lockouts, boycotts, and the like.
As we have great bodies OF law
carefully regulating the organization
and operations Of industrial and
financial corporations, as we have
treaties and compacts among ma
tions which look to the settlement
OF differences without the necessity
of conflict in arms, so We might
well have plans of conference, OF
common counsel. of mediation, arbi-
trstion, and judicial determination
in controversies between labor and
capital. To accomplish this would
involve the necessity to develop a
thoroughgoing code Of practice in
dealing with such affairs. 1t might
be well to frankly set forth the su-
perior interest Of the community az
a whole to either the labor group or
the capital group. With rights,
privileges, immunities, and modes of
organization thus carefully defined,
II should be possible to set up Judi
cial or quasi judicial tribunals for
the confederation and determination
of all disputes which menace the
public welfare.
Strike. Lockout and Boycott.
In an Industrial society such as
ours the strike, the lockout, and the
boycott are as much out of place
and as disastrous In their results as
is Is war or armed revolution in the
domain of politics. The same dis
position to reasonableness, to con-
Citation, to recognition Of the other
sides point Of view, the same pro-
vision of fair and recognised tri-
bunals and processes. ought to make
1t possible to solve the one set Of
questions as easily as the other.
believe the solution is possible.
The consideration Of such a policy
would necessitate the exercise of
care and elaboration in the con-
struction Of a code and q charter
OF elemental rights, dealing with the
relations OF employer and employee.
This foundation In the law, dealing
with the modern conditions Of social
and economic life, would hasten the
building of the temple Of peace in
industry which q rejoicing nation
would acclaim.
After each war, until the last,
the Government has been enabled
to give homes to it's returned SOL
diers. and large part Of our set
Element and development has at
tended this generous provision of
land for the Nations defenders.
There Is yet unreserved approx
mately 20O, 900 900 acres in the public
domain, 100000 acres of which
are known to be susceptible of recla-
nation and made fit for homes
by provision for irrigation.
Crops Worth 500, 0oO, 900.
The Government has been assist
ing In the development Ct it's re.
naming lands. until the estimated
increase In land values in the irri-
gated sections il full $500, 900 900.
and the crops of 1890 alone on
these lands are estimated to exceed
500, 000.0 Under the law auth.
orizing these expenditures for de-
velopment the advances are to be
returned, and 1t would be good bust.
ness for the Government to provide
for the reclamation OF the remaining
20,000,000 acres, in addition TO ex.
pediting the completion of projects
long under way.
Under what In known sas the coal
and gas lease law. applicable also to
deposits Of phosphates and other
minerals on the public domain, leases
are now being made on the royalty
basis and are producing large reve.
nues to the Government. Under this
legislation 10 per cent Of all royal
ties Is to be paid directly to the Fed
eral Treasury, and OF the remainder
80 per cent In to be used for recla-
nation Of arid lands by irrigation
and 40 per cent is to be paid to the
In l.,L