Union leaders might compare the recognition received by the unions under the proposed conditions to the recognition which the bear accords to the man whom he hugs to death.

They would probably prefer for the time being their existing situation--that of being on the high road to the conquest of almost unconditional submission.

On the other hand, the large employers believe with such fine heroism of conviction in the principle of competition among their employees that they dislike to surrender the advantages of industrial freedom to the oppressive exigencies of collective bargaining.

In assuming such an attitude both sides would be right from their own class points of view.

The plan is not intended to further the selfish interest of either the employer or the union.
Whatever merits it has consist in its possible ability to promote the national economic interest in a progressively improving general standard of living, in a higher standard of individual work, and in a general efficiency of labor.