THERE are few problems facing the people of this country that outrank in importance the issue of management-labor relations and the development of a broad and effective national labor policy. The one great political democracy and free enterprise economy can move forward only if its people meet and solve the issues of big unionism and big business.
Most impartial observers agree that while the Wagner Act gave organized labor the chance to redress historic abuses, it failed to provide the foundation for industrial peace. The Taft- Hartley Act clearly marks the beginning of a new era in labor policy, a swing-back of the pendulum in an effort to correct more recent abuses.
Few feel that this law is the final answer to a successful national labor policy, but it is one of the most significant developments in legislation in our times and does mark a start toward a lasting policy.
No thinking citizen--public, employer, employee--can plan his affairs or follow national developments without an under-