The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-08-01
PRESIDENT IS
PLANNING new
LAW FOR LABOR
CONTINUED from First Pase.)N

tween labor and capital To ac-
complish this would involve the
necessity to develop . thorough
going code Of practice in dealing
with such affairs. It might be well
to frankly set forth the superior
interest Of the community as a
whole to either the labor group or
the capital group. With rights,
privileges, immunities and modes
Of organization thus carefully de-
fined, it should be possible to set
up judicial or quasi-judicial tribu-
nails for the consideration>4Hd de-
termination Of all disputes which
menace the public welfare.
Back Organixatisn Right
"The right Of labor to organize
il lust as fundamental and neces-
sary as is the fight Of capital to
organize. The right Of labor to ne
gotiate, to deal with and solve its
particular problems in an organ
lied way, through its chosen agents
is Just as essential as is the right
Of capital to organize. to maintain
corporations, to limit the liabili-
ties Of stockholders. Indeed, we
have come to recognise that the
limited liability OF. the citizen IS q
member of . labor organization
closely parallels the limitation Of
liability of a citizen rs q stock
holder in q corporation for profit.
Along this line Of reasoning we
shall make the greatest progress
toward solution of our problem Of
capital and labor.
Must Protect Public.
I'm the cage Of the corporation
which enjoys the privilege Of limit
ed liability of stockholders, partic-
ularly when engaged in the public
service, it is recognized that the
outside public has . large concern
which must be protected: and sc
we provide regulations, restrictions
and in some cases detailed super
vision. Likewise in The case Of la.
Dor organizations, we might well
apply similar and equally we'll de-
fined principles Of regulation and
supervision in order to conserve
the public interests as affected by
their operations. Just as it is not
! desirable that q corporation shall
be allowed to impose undue exac
tons upon the public SO 1t is moi
desirable that labor organization
shall be permitted to exact unfail
terms OF employment or subject thu
public to actual distresses in ordel
to enforce its terms"
! Lawrence Raps Loree.
! The difficulty thus far in indus
trial relations has been that SOM
of the principles which Mr.. Hard
ing avows as fundamental have no
been accepted. The capital and la
Dor conference held In Washington
under the last administration wa
wrecked at the very start by mel
like L. F. Loree-a factor, by tn
way, in the present rail strike
because the principle Of COLLECTIVE
bargaining through labor union
was deemed offensive. Much waite
has gone over the dam since tina
conference but the issues raise,
then are still unsettled and if al
agreement could have been reach
ed then some Of the recent conspir
acies to break uniOnism would no
have gained much ground. In fact
officials here think the efforts t
break down recognized principle
iof the right Of men to organic
have contributed not a little to tn
industrial crisis this summer
President Harding means to pu
his influence behind q code of char
ter that, will have sufficient sus
tanned force Of law and public opin
ion to solve these questions.