New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-05-06
LABOR 1GIT1TION IND PHOiII-SHAfING.
SUCCESS OF DISTRIBUTE. y scrEMGs IN EURO

SUCCESS or DIsTRlDrTI- y sCEEME> IN EURO
prAy AND AMERICAN MANUFACToRIES.
on the eve Of the great labor Demonstration, with
its headquarters at CHICAGO II comforting u receive
from that city a dispatch lhc that published in The
Tribune CT April os which indicates every DIV new
efforts arc made successfully to concatc the Interests
OF labor and capital Al special meeting OF uln
worAnlcn Of the Illinois steel Company at Joliet Vice
Presden, sterling announced that hereafter cmPioEeS
OF the company would get piemr!m a percentage
on tie amount of received, the object beins I"
obtain better work Of II and lesa ase by trained
enpoycs IN continuous service. lie added that the
benefits Of such SYSTEM were mutual. The meeting
ended vita loud and frequent applause by the work
Everything points to the success of the experiment
OF tho proftsha:ing system II is hardly known yet
in the West where il was imported from New York
and the Eastern states. which themselves had copied
II from the time honored system applied in Paris some
sixty years ago by the LecalTc hfn Of house painters
and which is still carried successfully. Of course.
said by Wee President Sterling, ct the Joliet meet
ing, there proft-sharng systems which - far
were not unqualified successes and this Is not tie
place to discuss the respective value OF each system
But it can be said hat it has proved generally sue
cessiul IN America shown BY the annual reports
Of the profit sharing manufactures including the
Bourne mills, al Fall RIVER Rogers, Peet d Co., OF
New York: and the iclt manufactures Of tllrd
DOLCE, at DOcevillc, in the AQrondacks The latter
establshm mt has recently pablisd IL, twenty frs
annual report which shows how pIOla'lc 10 ioth en-
ployer and employees j, tie system Of profit harlng in
vented and put il, practice by Mr.. Do!se This 81.
coss for more than a OF years is, perhaps mainly
dac to the fact that MIR. Dolces system take, INTO
account th natural pride Of The American cnpoyct.
lie does not make them charitable sf Of portion Of
the employers profit, but he calls his system tho
Just distribution Of earnings As it is next 70
imposs bic on every day or every week Of tie year. be-
cause Of market fluctuations, u appreciate cAachy
how much workman IS really earning, this Is done
al the end Of the year. afttr careful
study analytical and synthctical, Of the def
mite annual operations. The share Of the cmployea
and the employe in the real earnings j, asceualncd.
proclaimed and distributed. Nevertheless this IH-i
distribution OF earnings" belong, to what j. called the
profit sharing system, which daily extending Itself IN
all parts the United states. With the result OF
smoothing relations betNecn capital and labor.
The latest step taken in England IN TINS direction
was timidly made last January Nottingham. y din
given to their worn people ~ The Director OF
the ArkwTisht Tool Works, and evident gOpd iecIu;
between master and man. says " The LONDON "a
rOpcan Mall prevailed The IAastcrs declarr thnT
intention 10 apply u scheme II profit ahal!ut. the
on the capital. and then divide The balance a fol
lows 10 per cent j. q Uc put away mutual re-
serve fund against bad wears halt the remainder = -
60 the and the other half j. to be dNiaed among
them. ii is 20 he hoped md this scheme which j.
the nearest the American plan o! prof; sharing.
Will be PM into practice al Nottingham and make the
system more popular than II now j. in England.