sources of countries
where the Anglo-Saxon race cannot perform manual labour, and still
less establish a permanent settlement, is not to advance but seriously
to injure the true interests of this colony. By opening up portions of
your Northern Territory with imported labour, a new outlet will be
afforded for the investment of your capital, and a new market created
under your own control for the sale of your manufactures.

'I pass to another subject which must be dealt with, not by
legislation, but by mutual good feeling and by common sense. Wherever
business is carried on upon a large scale, difficulties must in the
nature of things be anticipated in the relations between labour and
capital. Each of these elements in the operations of industry may be
helpless without the other, but when we pass from the stage of
production to the appropriation of profits the conflict of interests
is inevitable. Strengthened by the experience in the old country, I
would earnestly recommend for all your larger trades voluntary courts
of arbitration and conciliation. If we go back to that dark time in
England which followed the close of the long struggle with Napoleon,
the hostility of classes was seen in all employments, and in none was
it more conspicuous than in the collieries. A happy change has passed
over the spirit of the scene. Nowhere has the method of arbitration
been more successful than in Durham and Northumberland. A scale of
wages for miners has been agreed upon, varying with the price of coal,
and arbitrators have been found to apply the scale to the conditions
of the time, in whose justice employers and employed have implicit
confidence. Among these valuable men Mr. David Dale is an eminent
example. He and other men of his high stamp and quality--men such as
Rupert Kettle, Mundella, and Frederic Harrison--occupy a truly noble
position in relation to labour questions. They have won the confidence
of the masses, not by truckling to prejudices, not by disavowing the
sound and well-tried rules of political economy, but by listening and
by explaining with unwearied patience, by showing a sincere sympathy
with the working classes, and by taking a deep interest in their
welfare. The mention of these distinguished names leads me to the
adjustment of difficulties by Courts of Conciliation. They may be
described as committees consisting of equal numbers of employers and
workmen, appointed to meet at frequent intervals, and to discuss