The new crisis in the American labour situation which is feared result of a possible combination of the heads of the steel, automobile, and textile industries to curb. the Power of the. workers, has its origin in a sharp difference In the interpretation of the labour clauses of the National Recovery "Act. Both capital and labour have declared themselves. in full accord with the purposes of the Act. On the other hand, the practical application of the Jaw has, inthe opinion of labour, been too restricted and too lacking uniformity and comprehensive ness. Hours of labour have not been [sufficiently reduced, in the view—of the labour leaders. They feel" that hat the operation of the Act has ut labours on the defensive, foreing it to use its economic strength oF the strike to secure what they des-scribe as the mandatory guarantees of Section 7 of the Act. With them it so matter of principle, to get yy what they regard as their return for their ce-operation in the rive to overcome the session. On the other hand employer believes muger of the United reaction to the In= dividualistic business. philosophy of 1929, swinging too far towards the opposite extreme. While willing ea-operate to make the recovery an accomplished fact, the employer does not admit that a' permanent change the business constitution of - the country is immediately necessary, or if tt is necessary at all, that it can be best brought upon by legislation which he regards" as giving the worker too much power. A reduce lon of working hours In order to spread employment over the largest number is. in his opinion, a tem porary expedient, and he is prepar~ fed to resist attempts to ensure. that anything more. Though there may be ety of occasions for strikes and other disputes between employers and employed, the fund: mental cause Mes deeply. It is the old difference between Tory and So-laiist, and it seems Inevitable that American industry must go. through some tribulation before a working compromise, satisfactory to. both parties, has' been reached,
Text read from the printed page and cleaned; old type leaves the occasional error.