Economics Volume II: Modern Economic ProblemsFetter, Frank A. (Frank Albert)
General
Economics Volume II: Modern Economic Problems
Fetter, Frank A. (Frank Albert)
Economics
_Mediation_, or conciliation, is the effort of a third party to get
the two parties to a trade dispute to come together to agree peaceably
upon a settlement. Mediation may be voluntarily undertaken in a
particular case by any citizen or by a public official, usually the
executive (mayor, governor, or President); or it may be by a regular
public state or national commission charged with this duty (as in some
17 states).
_Arbitration_ is the decision, by a disinterested person (or
commission) to whom it is submitted, of the exact terms, after a
provisional settlement of a dispute. It is voluntary when the parties
agree in advance to accept the verdict, and compulsory when they are
compelled by law to submit to arbitration and abide by the verdict.
Some provision either of voluntary private or of public agencies
to mediate between the parties in labor disputes and to facilitate
voluntary arbitration has been made of late in most communities of the
civilized world, including 32 of our states, and the nation as a
whole particularly in respect to disputes between railroads and train
operatives engaged in interstate commerce.[11] No one objects to
them, and they accomplish much good, but fail oftenest in the greater
emergencies because of the unwillingness of one or the other party
to submit the case, or because of lack of any power to enforce the
decisions.
§ 12. #Compulsory arbitration#. The serious question in the subject of
arbitration concerns the introduction of the principle of coercion by
government, in compulsory arbitration. This, in principle, is pretty
radically different from voluntary arbitration, for as it denies to
the parties the right to settle their dispute by private agreement,
it becomes in effect the legal regulation of rates of wages and
conditions of work. In principle this was involved in the legal
regulation of wages in England from the fourteenth to the nineteenth
centuries. The plan is closely approached in the industrial courts
that are now provided in a number of European countries for a cheap
and expeditious settlement of small disputes regarding trade matters,
arising in the relations between employer and employees. The new
modern development began when New Zealand passed a compulsory
arbitration act in 1894, followed to some extent since by all the
other Australian states, largely through the action of the Labor
party. Through the operation of its act New Zealand came to be called
the "land without strikes," tho the description was inaccurate,
especially after 1907. The Canadian Industrial Disputes Act of 1907 is
an example that has had influence upon public opinion everywhere, and
has been followed to some extent in recent legislation in New Zealand,
America, and elsewhere. It involves the compulsory principle in a
limited degree, making it unlawful in public utilities and mines to
change the terms of employment without thirty days' notice, or to
strike or lock-out until after investigation and hearing before a
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account