LABOR ARBITRATION
Adair's New Encyclopedia · 1923 · p. 14
a means to settling amicably disputes between labor and capital, through joint boards, or committees, which may be permanent or temporary, limited to one establishment, or covering a whole industry. An example of a voluntary institution this kind is found in the electrical dustry in the United States and consisting of a council on industrial tions, composed of ten members, from the workers organization and from the employers organization. case of a dispute this body forms of conciliation. The plan is voluntary, being simply a court to either side may appeal. In 1921 reported having settled 90 without the lo of a day’s work. of arbitration are also created by lati on. A compulsory Court of tion was thus established in which was in operation during but was a decided failure, the seeing in it a principle whereby capital would coerce labor through power of the government. The Labor Board is an example of body, established by the Federal ernment, but is entirely voluntary, disputants not being compelled to by its decisions legally. Such have been established by many of states. On the whole, they have themselves a failure, probably due growing radicalism within the labor, which is growing discontented with the system of industry rather with particular conditions, this tent being undoubtedly due to the experience that a rise in wages is automatically by a rise in prices, workers themselves paying for bettered conditions as consumers.
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