15 JANUARY 1927, Page 2

At Falkirk on Tuesday Mr. Arthur Henderson suggested that the

Prime Minister should summon a conference to discuss peace in industry. He thought that the conference might consist of representatives of the Trades Union Con- gress, the Labour Party and the National Confederation of Employers' Associations, presided over by Mr. Whitley. The conference might consider how far the " existing machinery- for regulating the relation of employers and workpeople " was effective and whether new machinery was required. • He also suggested the possibility of creating an EconoMic Council or Parliament of Industry. Mr. Henderson's proposals seem rather woolly, but their spirit is most welcome. Nothing can compare in import- ance withindUstrial peace. Mr. Henderson is unquestion- ably right in saying that it is a matter for negotiation. Agreement would be infinitely better than legislation sponsored by one side only.