Metadata: The stock market crash - and after

166 The Stock Market Crash—And After 
By coéperation in production, human instincts are 
satisfied. The instincts or impulses of ownership, 
loyalty and responsibility are felt by the workers in 
any enterprise in which they have a voice in the 
hiring and firing of workers, the distribution and 
routing of work, the steadiness of employment, the 
hours of labor, holidays, the rates of wages and earn- 
ings, health and safety conditions. 
The creative instinct is satisfied when the worker 
is encouraged to use his brains, not only to suggest 
the best way of doing his job, but to suggest improved 
types of products and ways of cutting down labor- 
time and other costs. Further, the creative instinct 
is satisfied when the laborer is given appropriate 
recognition for a good job well done. Devotion and 
dependability deserve reward as well as ability and 
skill. 
These primitive instincts can be guided but not 
suppressed. If employers would have their men 
loyal, efficient, and contented, they must realize— 
and they are realizing with increasing clearness— 
that men must have the opportunity to give expres- 
sion to the best that is in them. For without self- 
expression and initiative, no man can lead a normal 
life and give good service. 
Reduction of Strikes in New Era 
As already mentioned, the changed spirit in the 
relations of Capital and Labor is manifest by the 
reduction of industrial disputes. “Measured by any 
standard,” President Hoover's Committee on
	        
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