Full text : The new industrial revolution and wages

260 INDUSTRIAL REVOLUTION AND WAGES

they do, a really coordinated effort could not get sufficient
support.
There would, of course, be no reason why the matter
should not be agitated all up and down the line and by the
Chamber of Commerce. It will, in fact, take much of agitation
 and discussion to start such a far-reaching movement.
Mr. Javits’ whole argument can be boiled down into the
statement that “we need a very high order of industrial
leadership which can and will bring about a truly coordinated
effort.” With that I agree fully. The problems now confronting
 us, after the past twenty-five years of marvelous
development, can be solved in no other way.
There is undoubtedly a new spirit in America, which is
leading us to feel that the interests of an entire community
are greater than those of any unit or group of units in the
community; that the best interests of the nation are greater
than those of any factor or group of factors in the nation.
I really feel that we have gone so far that we are beginning
 to see that whatever is in the best interest of world
economics, of world peace and prosperity, is going to be at
least very largely in the best interest of America, as well as
that of every other unit in the great family of the nations of
the world.

Stuart Chase, of the Labor Bureau, Incorporated, of
New York City, declared that production and distribution
could be ended only by some such constructive action as
that suggested by Mr. Javits. His comment was as follows:
The proposal of Mr. Javits for an Institute of Industrial
Coordination is in line with the whole trend of intelligent
modern thought, and if such an Institute can be established
under the proper, impartial and scientific auspices, it would
do more, in my opinion, than any other one thing to abolish
the wastes and injustices and to fulfil the promise of
American economic life.
I profoundly doubt if we will ever have assured prosperity,
a full utilization of our amazing machine technique and the
            
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