256 INDUSTRIAL REVOLUTION AND WAGES

effective carrying out of Mr. Javits’ main ideas as given in
his article. . . .
One of the most hopeful signs that permanent prosperity
is going to come in our generation is that serious, practical
men of standing, like Javits and Foster and Catchings, are
proclaiming the practical possibility of conquering unemployment
 and achieving regular permanent prosperity, and
that they are getting support for their proposals from our
leading periodicals and economic and business organizations.

Mr. Mathew Woll, Vice-President, American Federation
 of Labor, also fully approved Mr. Javits’ suggestions,
with the assumption that organized labor would be represented
 on any agency for coordination. His comment in
part was as follows:!

I can do little more than state my hearty approval of the
type of institute proposed, as well as Mr. Javits’ underlying
philosophy.
Laws governing industry must be found and not made.
Principles that get results in production must release creative
power along constructive channels. Legislation, in practically
all cases, is the result of compromise between political groups.
I think Mr. Javits is quite right in believing that we do
not need to legislate a new social order in order to have
stabilized prosperity and employment for all. We need to
create an industrial organization in which all those who make
a functional contribution to production have a regular opportunity
 to discuss the results of their work with all other
groups that are performing functional service. . . .
Coordination of each industry must be a genuine organization
 with authority to represent the workers that comes from
an organization by and of the wage-earners. A national Institute
 for Industrial Coordination should, of course, provide
representation for the trade-union movement. For such an
organization to function there must be freedom for industrial
1 Ibid, p. 34.