Evening star., 1922-08-01
BY DAVID LAwRENCE.

When the two big strikes now
pending are settled the entire apes-
tioa OF industrial relations wilt be
tackled by President Harding and
Senator Borah. chairman Of the Sen
ate committee on labor. in an effort
to draw up code of principles that
can be enforced.
, The President outlined such q code
In his message to Congress last De-
cember and Senator Kenyon of Iowa,
who was then chairman Of the COM
mfttee on labor. introduced bill
which still is before the committee.
even though Mr.. Kenyon has resigned
to go on the federal bench. Other
proposals have been made along the
same line and Senator Borah visited
President Harding the other day to
get his views on the kind of leeis-
iation that would meet his approval.
Mr.. Harding promised to go into the
question thoroughly with Senator
Borah just as soon as the present
strike situation is cleared up.
The truth of the matter is that
cannot be cured by legislation at the
moment several Issues have been
raised which will again cause embar-
rsssment to the public welfa.'e unless
settled. Both the President and SEN
ator Borah feel, Of course, that much
more can be accomplished in the calm
moments after the Industrial storm
OF this summer than IL proposals were
70 anect the particular controversies
Of the hour.
Viewpoint Of President.
The Presidents viewpoint on the
necessity of a regulated industrial
community Is expressed in his own
words thus:
As we have great bodies of law
carefully regulating the organization
and operations OF industrial and
financial corporations. as we have
treaties and eompacts among nations.
Wnich look to the settlement of
dfhsrsnces without the necessity of
conuict In arms 30 We might well
nave plans Of conference, of COM
mon counsel, of mediation, ,arbitra-
ton and judicial discrimination in
CONTROVERSIES between labor and capi-
tai, To accomplish this would in
volye the necessity to develop a thor
oughgoing code OF practice in deal
ing with such affairs.
1T might be well, frankly. to set
forth the superior interest of the
community as a whole to either the
iapor group or the capital group
With rights. privileges, immunities
snd modes OF organization thus care
to set up judicial or quasi Judicial
tribunals for the consideration and
determination of all disputes which
menace the public welfare.
LaboF's Right Recognized.
The right of labor to organize Is
just as fundamental and necessary as
Is the right OF capital to organize.
The right of labor to negotiate. to
deal with and solve its particular
problems In an organized way,
through Its chosen agents, is just as
essential as Is the right of capital
to organize, to maintain corporations.
to limit the liabilities of stockholders.
Indeed. we have come to recognize
that the limited liability of the cit
isen as a member of labor organiza-
ton closely parallels the Limitation of
liability OF citizen as a stockholder
in a corporation for profit. Along
this line Of reasoning we shall make
the greatest progress toward solution
OF our problem of capital and labor.
IN the case OF the corporation
which enjoys the privilege Of limited
liability Of stockholders, particularly
when engaged in the public service, it
Is recognized that the outside public
mas large concern which must be
protected; and SO We provide regula-
ton. restriction, and in some cases
detailed supervision
Likewise in the case of labor or
ganisations we might well apply SIM
iiar and equally well defined prin-
ciples Of regulation and supervision