The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1882-09-28
Tho baltimore. 4 Ohio and It's Employ es.

The Baltimore. Il Ohio and lis Employ es.
AS il well known, this company inaugu.
gnra,cd an insurance and relief system for
the benefit of its employees some three or
four years ago, TO which they all contrib.
ute out Of their pay, so much per man,
which payment entities them to SO much
relief per week in case Of sickness or ac-
cilcnt and to q certain amount 10 their
families in case OF death. The system is
to some extent copied after that Of the
United States army. where small pay
ment per month is withheld from the pay
Of the soldier as his contribution TO fund
which entities him TO live at the Govern.
mcut's expense in one Of the Soldiers
Homes in case OF disablement, or after he
has reached an age emitting him to retire
from the service. There was good deal
oil squirming among tho Z. 0. employees
when the system was first inaugumted, but
now there is practically no opposition, in
asmuch as they have seen that it is a soft
OF aavinss iuud for 4 bad day. The Chica. o
Tribune, in calling attention 10 the work.
ing Of the system up to this time, mak,s
the following comments:
The independent" Baltimore & Ohio
Railroad Company has long had II world.
wide reputation for sagacity and couSerya-
tism III i,3 infringement, but in no direc.
ton has its departure from routine mat
tiers been more marked than in its treat.
ment O.! its employees, the most conspicu.
ons bein. the establishment Of Il Compre.
hensiye system Of relief for them under
conditions OF uausual libenlity. Through
this agency il seems 10 have inaugurated
RADICAL reforms, the results Of which are
being closely watched and analysed not
only by other corporations employing large
bodies OF men, but also by disintercsted
men, whose philanthropical minds are
quick to recognize and appreciate meritori.
onS and unSeIt!sh ellortS 10 promote the
welfare OF individuals or classes.
Under n special act OF incorporation
passed by the Maryland Legislature, an
association was formed two years ago
whose object is to extend relief 10 the EN-.
ployes oil the road and their iauiliea in case
OF sickness, injury, old age, or death. The
company literally endowed the fund and
gave the association room for its records,
and did NIL the clerical work. The results
obtained are not only gratifying, but justi-
~ the large outlay, and several other large
corporations have adopted the same meth.
oil OF dealing with the labor question.
Within IL short time two new features
have been added to the associatiou-a sav.
ings department, and buildin. depart.
mcnt. Repositories have been establishe
ut intervals Of twenty miles along the road.
Interest ut 1 per cent is allowed, and the
company is legally bound for the deposit
and earnings, in which al have share,
Through the aid OF the buillliu. depart.
lnent an cmploye who has no security can
borrow money ut 6 per cent, aud put up
house, having the ability 10 purchase ma
teria!s at large reduction, and getting free
transportation for them. When the house
is ready he takes possession, and pays for
il in monthly installments. In order that
tho property may always remain in his
family he has 10 insure his life for their
benefit fora sum ut least equal to the loan.
Those leaving the company service can
continue their payments, or dispose Of their
interests to the best advantage US can also
those unable to meet their payments.