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industrial skill make possible, the present problem of wages
and prices will be easier to solve. Production means employ-
ment. It means economic health. It means higher wages and
SERVICET
lower prices. It means the difference between strength and
Therace prosperity, some inductrial depression. ts who think
and ncertainty and
The men in this room direct a cross-section of American,
But,
industry, and lead American labor of all opinions. You
A
fully succeed only if labor and industry as a whole will"
willingly accept your decisions, and will adopt the convictions
de
A
a
developed out of this conference.
The American people know the enormous size of your task.
But the stakes are enormous too. If the people do not find the
answers here, they will find them some place else. For thes
andwill
answers must be found. The whole system of private enterprise
and individual opportunity depends upon finding them. 9 When
industrial strife becomes widespread all of us lose the things
we need - the wages that labor wants, the earnings and dividends
that businessmen and investors want, the products that the
consumers want. No realist can expect the millennium of
perfect no-strike, no lock-out era at once. But continued
production and an expanding industry - unhampered as far-as
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"ocrText": "-8-\nindustrial skill make possible, the present problem of wages\nand prices will be easier to solve. Production means employ-\nment. It means economic health. It means higher wages and\nSERVICET\nlower prices. It means the difference between strength and\nTherace prosperity, some inductrial depression. ts who think\nand ncertainty and\nThe men in this room direct a cross-section of American,\nBut,\nindustry, and lead American labor of all opinions. You\nA\nfully succeed only if labor and industry as a whole will\"\nwillingly accept your decisions, and will adopt the convictions\nde\nA\na\ndeveloped out of this conference.\nThe American people know the enormous size of your task.\nBut the stakes are enormous too. If the people do not find the\nanswers here, they will find them some place else. For thes\nandwill\nanswers must be found. The whole system of private enterprise\nand individual opportunity depends upon finding them. 9 When\nindustrial strife becomes widespread all of us lose the things\nwe need - the wages that labor wants, the earnings and dividends\nthat businessmen and investors want, the products that the\nconsumers want. No realist can expect the millennium of\nperfect no-strike, no lock-out era at once. But continued\nproduction and an expanding industry - unhampered as far-as"
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