If disagreements terminating in strikes and lock-outs remained as numerous as they are at present, there would result both for the producer and consumer a condition of perilous and perhaps intolerable uncertitude.

But this objection, although serious, is not unanswerable.

The surest way in which a condition of possible warfare, founded on a genuine conflict of interest, can be permanently alleviated is to make its consequences increasingly dangerous.

When the risks become very dangerous, reasonable men do not fight except on grave provocation or for some essential purpose.

Such would be the result in any industry, both the employers and laborers of which were completely organized.