Political economy

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Monograph

Identifikator:: 867647221

URN:: urn:nbn:de:zbw-retromon-93157

Document type:: Monograph

Author:: Chapman, Sydney John http://d-nb.info/gnd/123743141

Title:: Political economy

Place of publication:: London [u.a.]

Publisher:: Williams & Norgate [u.a.]

Year of publication:: 1912

Scope:: 1 Online-Ressource (255 Seiten)

Collection:: Economics Books

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242 POLITICAL ECONOMY adopted recently to meet an exceptional case. Successes are achieved by preventing temper and misunderstanding from causing a premature breach in negotiations—by holding together in dispassionate discussion the representatives of the parties to disputes, who, with their knowledge of the trade, may be regarded as capable of expressing the considerations by a due balancing of which the right wage is reached—and, more over, by making, out of a large experience, helpful suggestions. Where their organisation is far advanced it has become usual for opera tives and employers to enter into a compact to allow neither strike nor lock-out until a joint meeting has been held. It might conduce incalculably to industrial peace if to these compacts a clause were commonly added that, on the failure of the joint meeting to reach agreement, strikes or lock-outs should be still further deferred until reference had been made to the Board of Trade ; and if, moreover, unorganised labour and weakly organised labour and employers who are not at present direct or indirect parties to such compacts could be induced to fall in with the proposal. Prompt action would, of course, be essential. Canada has legislated to further such a reference to the State. In other

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