An illustration of the working of Conciliation Boards is afforded by those in the iron and steel industries, which, although now under reconsideration in some districts, have been in existence for many years. In them the remuneration of the majority of the workpeople is regulated by sliding scales under which wages rise and fall in accordance with prescribed advances or reductions in the selling price of the manufactured article, this price being ascertained by accountants at specified intervals. Although the general adjustment of wages is the main object, other useful functions are exercised in these trades by the Boards. Amendments of the sliding scale, alterations in method of working, fixed rates for special classes of work, variation of prices according to difficulties in manufacture, and other similar questions have come under the consideration of the Boards. The Conciliation Boards in the manufactured iron and steel trades show a great similarity in constitution and procedure. They are composed, not of representatives of employers’ and workpeople’s associations, but of one representative of the workpeople and one of the employers from each of the works affiliated to the Board. Their methods of procedure are alike in affording opportunities for the parties to a dispute to arrive at a settlement by themselves, the services of the Board not being sought until other means have failed. Their rules stipulate that individual causes of complaint must first be discussed between the aggrieved workmen and the employer or his representative. In all cases, except that of the South Wales Iron and Steel Wages Board, the rules provide that, failing a settlement, the question shall then be discussed between the workman, accompanied by his Board representative, and the employer or his representative. In the case of some of the Boards, questions which have passed this stage without a settlement are referred to a Standing Committee, and it is only on the failure of this Committee to effect a settlement, that matters are brought before the Board itself.