ABSTRACT

The future security, or the present danger that menaces the industrial world, will be exactly in proportion to the symmetrical growth or lack thereof in all its parts. The industrial situation has become the most pressing after-war problem to be solved, and that the solution will not be easy, not because there is more poverty in the United Kingdom to-day than ever—as a matter of fact there is less poverty than ever before in our history—but because there is a wholesome Labour unrest and national craving for vastly better conditions of life. Every year the workers become more intelligent and more acute reasoners. In most of the principal industries in the United States the output per worker averages from three to five times that amount. Modern industrial conditions improve the employer-capitalist. Modern industrial conditions demand and necessitate an employer of not only high ability, but also of high character.