STEEL: A Promise

Before President Harding sailed for Alaska from Tacoma he announced the receipt of a letter from the Iron and Steel Institute. It was signed by the directors of that body, including Elbert H. Gary, Charles M. Schwab, James A. Farrell, E. G. Grace and others. The letter accepted in principle the abolition of the twelve-hour day, and promised that the change from the two-shift to the three-shift system would be brought about as soon as there was a sufficient surplus of labor.

Judge Gary later amplified this statement by declaring that 60,000...

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