Show RAilWAY lABOR B ILl NOW lAW WATSON PARKER MEASURE FIX FIXING ING WAGES UNDER DISPUTE IN OPERATION Old Board Dissolved and Set of Meth Will Be Named By President dent dent Coolidge Signs The Bill Washington Washington- The Watson-Parker Watson bill for tor settlement of railway labor disputes was signed Friday by President President President dent Coolidge who said in a statement statement statement state state- ment that although he would have preferred preferred pre pre- a more definite declaration for forthe forthe forthe the possible protection of the public he be believed there was involved an issue issue is is- sue suo of first public importance that of or encouraging an nn Industry to adjust relations between employer and employee employee employee em em- without the intervention of ot the government SO With presidential approval of the act net the railroad labor board in existence existence existence exist exist- ence for six years ears was abolished and anda I Ia a new system provided for by the establishment establishment establishment es es- es- es of conference groups and adjustment boards within the Industry Industry industry Indus indus- try and the creation of a board of or mediation mediation mediation med med- whoso whose five members are to be appointed by the president If the board by conciliation fails faUs faUsto to effect a settlement of ot a dispute provision is made for arbitration or as a last step for Cor the appointment of ot nn an emergency board by tho president to investigate and report on the facts Involved for the information of the public The members of the mediation mediation mediation media media- tion board are expected to be named In time lime for the senate to confirm them at it the present session The new adjustment plan which was described by the president as aa providing pro- pro providing viding riding for self government within the Industry In labor matters had been urged by a majority of or the members of the Association of ot Railway Executives Executives Executives tives and by the twenty standard railway railway railway rail rail- way labor unions including the four tour brotherhoods while opposition n was wa exPressed expressed expressed ex ex- pressed by a minority group of railroads railroads rail- rail roads oads in the association by the American Amer- Amer American ican can Farm Bureau federation and other other oth- oth er jr groups Hailed by the railroads and unions favoring oring it as a treaty of peace it was criticised by opponents as not sufficiently sufficiently sufficiently protecting the public Interest The president referred to this point in his lis statement |