LABOR’S NEW STATUS

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If the time and energy which are now devoted by labor to
securing the acceptance of this elementary principle—and
by management to opposing it—were turned toward productive
 achievement, the results would be incalculable.
The spirit of industry would be revolutionized. Suspicion,
distrust, and resistance would be supplanted by confidence
and the desire and will to cooperate for the realization of
maximum efficiency and productivity.
No greater constructive step could be taken by modern
industrial management than to accept unreservedly the
right of labor to organize and bargain collectively on a
union basis, and to develop its constructive policies from a
foundation of management-union cooperation, both sides
dedicating themselves to the principle of economic accomplishment.
 This fact has already been clearly proved by
the best and most successful industrial leadership of the
present day. There can be no doubt that, if to the sound
and far-sighted principles of wage determination which
industrial management has already subscribed, and which it
has widely advocated and partially applied, it would add
the principle of union recognition as the basis of cooperation
 between management and workers, a more complete
and enduring groundwork would be thus laid for the
realization of those two vitally necessary factors for successful
 industrial achievement, namely, stabilization and
productive efficiency.
As illustrative of a series of principles with the object
of guiding industrial relations so as to promote industrial
 peace and cooperation and stimulate maximum production,
 a code suggested in connection with pending legislation
 for stabilizing the bituminous mining industry may
be cited. The fundamental principles and safeguards to
both employers and employees in this code, it will be noted,