The highest production and living standards cannot be achieved without a new and human spirit in the industrial world. No industry can succeed without the co-operation of capital, management and labour. Each must be encouraged. Each must be fairly rewarded. Between the three there must be mutual understanding and respect. (Robert Menzies)

The highest production and living standards cannot be achieved without a new and human spirit in the industrial world. No industry can succeed without the co-operation of capital, management and labour. Each must be encouraged. Each must be fairly rewarded. Between the three there must be mutual understanding and respect.

Robert Menzies

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capital human industrial industry living management mutual production respect spirit three understanding world labour co-operation

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