Page:The Wizard of Wall Street and his Wealth.djvu/172

 own account. Though there may be few advanced positions to be filled, there is a large number of men trying to get them. They get better pay here than in any other country, and that is why they come here. My idea is that if capital and labor are let alone they will mutually regulate each other. People who think they can regulate all mankind and get wrong ideas which they believe to be panaceas for every ill, cause much trouble to both employers and employes by their interference."

To the Congressional Committee which investigated the Missouri Pacific strike he said: "I am in favor of arbitration as an easy way of settling differences between corporations and their employes."