The strike of the Belfast linen-weavers, which was ended a few weeks since by the mediation of the British Association for the Advancement of Science, cost the operatives $1,000,000.
The cost of strikes is expressible only in the aggregate of the savings of labor consumed in idleness, of the loss to the productivity of the country, of the disturbance of the whole mechanism of exchange, and of the injury wrought upon the delicate social organization by the strain thus placed upon it.

The famous Pittsburgh strike is estimated to have cost the country ten millions of dollars.

When so costly a weapon is found to miss far more often than it hits, it is altogether too dear.

* * * Trades-unions in this country seem to me to be gravely at fault in clinging to such an obsolete weapon.

They should have turned their attention to our modern improvement upon this bludgeon.
Arbitration is a far cheaper and more effective instrument of adjusting differences between capital and labor--a far more likely means of securing a fair increase of wages.