OCR Text |
Show HAS SOLVED CAPITAL AND LABOR PROBLEM Oakland. Cal., Jan. 14. That tho capital and labor problem can be solved solv-ed is the belief of George Mosbacher, proprietor of the Palace Cloak & butt company of this city, who, besides paing his employes a weekly salary,, shares the profits of the year with them. The first dividends have been declared de-clared and he has presented the clerks of five and two years' service with checks, giving the former a sum I amounting to as much as many clerks earn in a year. Mosby Mosbacher announced an-nounced that the same mutual sharing shar-ing would be In voguo during tho coming year. |