Full text : 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 earnings,
 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 labortime
 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 expression
 to the best that is in them. For without selfexpression
 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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