Until an agreement can be reached by negotiation by the parties in
interest, or in case of their failure to agree, and a decision is
announced by the Arbitration Board, the old agreement shall be
considered as being in full force and effect.
This came in force May 1, 1913.
The chairman of the Arbitration Board, making a statement, three
months later, in August, 1913, after defining the principle to be
"such preference as will make an efficient organization for the
workers, also an efficient, productive administration for the
company," went on:
In handing down the foregoing decisions relating to preference
which grew out of a three months' consideration of the subject,
and after hearing it discussed at great length and from every
angle, the Board is acutely conscious that it is still largely
an experiment, and that the test of actual practice may reveal
imperfections, foreseen and unforeseen, which cannot be otherwise
demonstrated than by test.
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