I am speaking in general. It is true that the history of cases settled by arbitration reveals many in which the “umpire” has insisted that negotiations continue until the real coincident interest of both sides should be discovered. Footnote 43: It has long been known in England and America but recently it has been spreading rapidly. Footnote 44: Recently abandoned. Footnote 45: The three firms which have carried co-management furthest are the Printz-Biederman Co. of Cleveland, the Wm. Filene’s Sons Co. of Boston and the U. S. Cartridge Co. of Lowell. See Report of Committee on Vocational Guidance, Fourth Annual Convention of National Association of Corporation Schools, by Henry C. Metcalf. Footnote 46: We have a number of minor instances of the recognition of the group principle in industry. An interesting example is the shop piece-work in the Cadbury works, where the wages are calculated on the output of a whole work-room, and thus every one in the room has to suffer for the laziness of one. (See “Experiments in Industrial Organization,” by Edward Cadbury.) Footnote 47: I have not spoken of the coöperative buying and selling movement because by the name alone it is obvious how well it illustrates my point, and also because it is so well known to every one. Another evidence of the spreading of the community idea is the wide acceptance of the right of the community to value created by the community. ------------------------------------------------------------------------ XV FROM CONTRACT TO COMMUNITY -------------- BUT perhaps nowhere in our national life is the growing recognition of the group or community principle so fundamental for us as in our modern theory of law. Mr. Roscoe Pound has opened a new future for America by his exposition of modern law, an exposition which penetrates and illumines every department of our thought. Let us speak briefly of this modern theory of law. It is: (1) that law is the outcome of our community life, (2) that it must serve, not individuals, but the community.