Sec. 1. Why there must be in industry an ordered scheme of wage
relationship between each and every group of wage earners.
The limits of collective bargaining as a factor in
industrial peace.
Sec. 2. In the beginning, the scheme must probably be based on
an acceptance of existing wage "differentials." The reasons
for this are of a practical kind.
Sec. 3. Any policy which planned to develop a scheme of wage
relationships merely by maintaining existing differentials
would be bound to fall to pieces in the end. The
difficulties that would arise.
Sec. 4. Two principles proposed as the basis of the desired
scheme of wage relationship. Their meaning as applied
doctrines.
Sec. 5. These principles open to criticism both on practical
and theoretical grounds. The chief criticisms examined and
taken into account.
Sec. 6. Some notes on the best method of administering these
principles. The necessity of avoiding political
interference, if possible.