The facts are that the cost of this reform was borne by the men. The Steel Corporation did not pay its men their old earnings for their new six day stint. It would be interesting to know the actual wages received by the larger proportion of those who left the employ of the Corporation in order that they might work seven days a week for other companies. We should then be able to draw our own conclusions as to whether it was a passion for work or a desire to support their families in decency and comfort that led them to look elsewhere for work when their earnings were reduced by one-seventh. But the Steel Corporation found itself, according to its own testimony, in a quandary. A committee of its own stockholders had recommended an abolition of the twelve-hour day. The finance committee had considered the matter carefully and reported back that because its competitors had not changed from the twelve-hour day, they could not. It was a practical difficulty and they intimated that they were unable to solve it. It was to cut this Gordian knot that Charles M. Cabot, the Boston stockholder who was responsible for the investigation conducted last year by the stockholders’ committee headed by Stuyvesant Fish, went to the meeting on April 21 with this resolution: “Voted, that in view of the Finance Committee’s report that the change from the twelve to the eight-hour day in continuous twenty-four hour processes in our mills and plants is impracticable unless similar action is taken by our competitors; and, further, in view of the fruitful results which followed the appointment by the American Iron and Steel Institute at the instigation of officers of our Corporation of a committee on seven-day labor, which action has led to the very general establishment of the six day week in the steel industry of the United States; that the stockholders request the directors to enlist the co-operation of the steel manufacturers of the United States in establishing the eight-hour day in continuous twenty-four hour processes.” The purpose of this resolution was to provide the quickest, most efficient manner of solving the dilemma in which the Corporation found itself, and to provide a way whereby there could be restored to the workers such a working schedule, as would not sap their vitality or prevent them from having what the stockholders’ committee thought was necessary time for relaxation and for association with their families. That this resolution was tabled with the consent of the officials of the Corporation, will undoubtedly be interpreted by many as an indication that the Corporation was not sincere in its plea that its hands were tied in trying to meet the demand of the Fish committee for a reduction in hours.