Show PROFIT SHARING As one of the agencies that is calculated to narrow if not extinguish the chasm between employer and work man between capital and labor the NEWS notes with much interest the success that is ie attending the experiment jentof of profit sharing with a firm in st john N B engaged in tte te business of brush anil and broom manufacturing fac turing the system operated so well lost last year that it has baa been renewed and their experience c L ugh t to be made widely known to the end that others may be led lo 10 avail themselves thema elves of the be benefits 8 fits it offen to all berned on the 34 ajan te of operations is vary very simple and with a few minor variations la is the same everywhere in the now new brunswick factory it was as follows fellows the rho earnings of the bu bubines busl sines neso were divided between capital and labor in the pro proportion portion which the wages paid during the year and the capital employed bore to each other after deducting interest on capt capi tal tai sai salaries laries of managers allowance for depreciation of plant plan t and one per cent for a pension or invalid fund for the benefit of disabled employed emp loyes the men received a dividend equal to 0 o about two per cent of their wages anil and would have received more except tor for bad debts the employers t say that the men have more than earned the dividend by their extra care antl ana diligence and such stich we believe willbe will be the verdict wherever there is an honest attempt at carrying out the provisions of the mutual contract with profit sharing in general pr practice actipe there would be almost an end to strikes and lock lockouts outa with all alk their excesses and sorrows sorrow |