244 



TRANSACTIONS OF SECTION F. 



Perhaps employers and employed alike will come to gee how greatly a strike 

 ov lock-out militates against the true interests of both. Perhaps the employed 

 will learn that the party in the State to which they belong suffers much more 

 than a,ny other by these occurrences. Is it too sangiaine to hope that, as Pro- 

 fessor Cannan says, we may drop ' the notion that trade is a kind of war, whereas 

 it ought to be regarded as co-operation between friends, none the less friendly 

 because they bargain and even haggle.' ^ 



None of these things can be accomplished by Acts of Parliament. Statutory 

 prices and statutory hours offer no solution — rather increase the evil than lessen 

 it. There is no Royal Road by which we can travel to a solution. We must by 

 patience and mutual forbearance seek to alter the present hostile attitude. We 

 may frankly accept Professor Cannan's opinion ' that the economic organisation 

 of the nineteenth and early twentieth centuries will not endure for ever, but will 

 be gradually replaced by something else more suitable for its own day and 

 genei'ation. ' " 



Let all parties in the State lend themselves to this change, in which again, to 

 quote Professor Cannan : ' Free associations of free men able to go out and 

 come in as each pleased, would voluntarily give service for service, irrespective 

 of domicile and nationality.' This is a change which we may agree with him 

 in thinking more ' desirable than any restoration of the feudal system basing 

 economic organisation on the territory of the lord, even if the personal lord of 

 the Middle Ages is replaced by a Parliament elected by universal suffrage and 

 proportional representation.' ^ 



Public Expenditpre. 

 Twelve Weeks before the Annislice. 



Coal NatitMinlisatioii. 



25. 



2 Ibid. 



2 Ihitl. 



