| Show SHARING PROFIT SHARING as a settlement of the troubles between labor and capital has been recommended by many persons who are recognized authorities on both economic and industrial matters mattere the system pye prevails vallis in some large manufacturing concerns in this country the iron firm of crane co in chicago has hap a system of profit sharing which appears to work satisfactorily there is a regular scale of wages for all employee but if the profits go beyond a certain specified percentage then this surplus is ie divided among the workers the latest proposition in this line comes from mr inga ingalls president oft the chesapeake and ohio railroad in his bis ann annual us report to the stockholders that official recommends a system of profit sharing as t e only remedy for labor troubles the directors director of the road endorse the report and the stockholders are called on to assemble and appoint a committee to consider the new scheme this committee will outline a plan by which the president avd and board of directors can make an attempt to test the practicability and success of the method in railroad industry |
