Word: established
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Dates: during 1920-1920
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There is a strong tendency to enlarge the scope of political government so as to include also industrial government. Whether this shall grow into state socialism or whether private enterprises will be able individually or collectively to establish a satisfactory form of government, supplementary to political government, is one of these large interesting questions which may be decided within a generation or two. The solution may depend upon the ability of the employees to develop a constructive power and effective government among themselves...
...much litigation is avoided. It is usually stipulated that the agreements reached by mediation do not create precedents, but apply only to the particular cases in hand. The neutral arbitrator, if he has the ability and inclination, may in the course of his work by discussion and education establish standards of justice and fair dealing in the employer-employee relation acceptable to both sides. These may form a sort of underwritten constitution of great practical influence upon the harmonious operation of the enterprise. The possibility of disputes and conflicts is greatly reduced when the parties, acting in good faith, gradually...
Industrial concerns which have adopted some form of industrial government such as here described find it advantageous to establish a department to supervise their relations with their employes and to represent them in litigation and negotiation. Positions are thus created for men who have been trained in economics, political science, law and business, and who have talent for negotiating, pleading, instructing and social service work...
Princeton has several times attempted to establish an intercollegiate tournament. It was more in the way of an invitation affair and Brown and Harvard were represented...
...powers of Europe, England, France, and Italy alike scrapped hundred of ships, stopped building dreadnoughts, placed many of the old ones out of commission, and reduced naval property an personnel wherever possible. Besides being decidedly economical, it was felt that this policy would indicate general confidence and more firmly establish peaceful friendships...