Capital and the Administrative Staff—Capital and the Manual Workers—The Manual Workers _inter se_—The Administrative Staff and the Manual Workers—Industry and the Consuming Community—Industry and the Nation. XXII The Right Relationship of Government to Industry 235 1. The Policy for the Present Depression.—Establishment of International Peace—Reduction of National Expenditure—Lowering of Taxation—Stabilizing the Exchanges—Revision of Financial Policy—Reconsideration of Reparations Policy—Inter-Allies Debts—Export Credits—Bringing down Costs of Production. XXIII The Right Relationship of Government to Industry 246 2. The Normal Position Of Government in Relation to Industry.—Regulation of Factory Conditions—Conciliation and not Intervention—Protection of the Community—Wages in Unorganized Industries—Industrial Research—Need of a Real Ministry of Labour—Regulation of Combinations and Monopolies. XXIV The Right Relationship between Employers and Employed 256 1. Contentment in Industry.—(_a_) Provision against Unemployment.—Equalization of Demand for Labour—Insurance against Unemployment—Need of a Job-Finding Organization—Insurance by State or Industry—State Insurance—Insurance by Industry or Industries—Reform of Present Outdoor Relief System—Unemployment Insurance by Firms. XXV The Right Relationship between Employers and Employed 263 1. Contentment in Industry.—(_b_) Human Status of the Worker in Industry.—The Slowness of Ordinary Conciliation Machinery—The Whitley Councils Scheme—Joint National and District Industrial Councils—Works’ Committees—The Slow Progress of Works’ Committees—The Success of Works’ Committees on the Clyde—Executive Management a Matter for Employers. XXVI The Right Relationship between Employers and Employed 271 1. Contentment in Industry.—(_c_) Remuneration of the Worker.—Uniform National Wages—Wage Relationships among the Workers—Wages and the Community—Are Higher Wages Practicable?—The Settlement of Wages—Systems of Remuneration—What is a Fair Wage?—Other Essentials to Industrial Contentment. XXVII The Right Relationship between Employers and Employed 280 2. Co-operation in Industry.—The Workers’ Own Resort to Co-operation—The Marxian Argument against Co-operation—Some Workshop Applications—The Marxian Fallacy of the Origin of Capital—The Marxian Fallacy of Value—The Need of Sympathy in Workshop Life—The Need of Strict Justice—The Money Value of Sympathy in Industry—The Sympathetic Handling of Labour a Special Art—An Illustration of its Successful Application.