Arbitration Between Capital And Labor a History And An Argument

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Arbitration Between Capital And Labor a History And An Argument
Ryan, Daniel J. (Daniel Joseph), 1855-1923
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It is not desirable here to lay down any principle or basis on which awards can be made. That is a duty peculiarly attached to each indi- vidual case of arbitration. The Board having met, arp supposed to be within honest reach of ever}' fact and all information that will give them light in an honest investigation. If the dispute be one of wages, assuredly the basis becomes the ability of the manufacturer to pay, the condition of the market, and the demands of the workmen. To agree upon a basis
...is the very object of a board of arbitration. Mr. Weeks, in his report referred to, concerning this, says: '*As a matter of information it ma}' be said that the practical operation of the boards, while all the facts rela- tive to prices, competition, demand and supply, both of labor and products, are considered, wages are generally based on the selling price of the article produced. Mr. Kettle, in a noted arbitra- tion in the coal trade, found a certain date at which the wages paid for work about the colliery was satisfactory to l)Oth sides.

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