Show progressive railroad policy with the signing of the kaitson arts on par ker bill by president coolidge the railroad labor board was abolished and a new system inaugurated providing tor far establishment of conre conference rence groups and adjustment board within the industry and creation of a board of mediation dia dix tion whose five members are to be appointed by the Pre president the new plan provides tor for self gov within the industry in labor matters and is hailed toy by railroads and railway labor unions as a treaty of oc peace the act expressly stipulates that powers of interstate commerce commission tare are unimpaired eA to fir rates under present taw law in signing the bill president coolidge said we should give every encouragement in ind industry astry to create within it J self such a relationship and such ma chinery rihl nery of adjustment between its employers and employed emp loyes as will give 1 ve the public continuous and efficient service and to accomplish these Te relations lations within itself without the intervention of the government the railways by undertaking this self government have not da the smallest fashion relieved themselves of their responsibility to the public at large but rather they have increased their heir responsibility by N virtue of tho the self government which this act imposes upon them |