Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-10-30
PAGES 9 TO 20.

Now capital hires its labor as cheaply a. 10
can, and labor on its side contributes only
as much as it can afford to for the amount
received. The great majority Of laborers
are dependent upon their daily earnings for
the necessities Of life and therefore cannot
remain idle, but must accept such wages as
they can obtain. Capital has decided ad.
vantage in this respect In other respects
1t suffers great disadvantages, for the laborer
that feels that he Is contributing more than
he is paid for Is not profitable workman 4
Capital cannot afford to have this antagon-
ism with its labor
Proft<Sharing as o Stimulus.
The only way out of it will be some ad-
iustment whereby a portion of the risk in
the profit and loss of the business will de-
pend upon the laborer, which will act as a
stimulus for him to put in his best work
every hour. One of the most competens
and honest men we ever had in our employ
once told me that since he had commenced
business for himself he made longer hours
and worked harder than he used to on
salary; 'Iand yet," said he, "f you had
even limited that it was possible for me to
do more conscientious work than when L!
was with you on salary should have telt
insulted."
II thank you most sincerely for this sub
stantial check which have just received"
writes another employe, "and wish to as
sure you that your generosity In thus shar-
ing with us the profits of the business is
deeply appreciated. You surely have the
right to feel that you can count upon our
earnest, loyal devotion to the interest Of
CHM & Co, and to expect that the results
of the coming year will be even more salts
factory than those of the year just closed.
1 hope to contribute my share toward this
success"
A Success Both Ways.
Here is another, ,fT have received my
share of the profits and wish to thank you
for your generous gift. Aside from all per-
sonal interest, believe the experiment has
been undoubtedly productive of great
good, making as 1t does each emplove feel
that he or she has direct personal inter-
est in the welfare and success of CHM 81
Co."
81 am In receipt of your letter of the
17th inst with enclosed check. 1t came in
the nature of. surprise" writes third,
''for though I looked for something was
not prepared for so generous gift. Please
accept my most sincere thanks.
"You ask for an expression Of opinion as
to the continuance Of the plan for another
year. Undoubtedly the thought that the
success OF the company means the success OF
the employees acts as an incentive. Identity
of interests cannot tail to bind every mem-,
Der of the force to you. 1t did not need the
extra amount received to-day to make me
loyal to CHM & Co. and command my best
ability, but do feel now like redoubling
my efforts to advance their interests"
should be glad to contribute more to
the solution of this problem, but my e1-
pertinent is vet too recent to give me any
degree of certainty as to the right basis Of
profit sharing. Perhaps I ought to say, in
justice to the situation, that this last year
the success OF our business perhaps was nos
SO much Influenced by the pro6t-sharing as
by the conditions of the book trade. There
has been a consolidation of nearly all the
large publishing houses in the United
States which has given US probably o
larger share of patronage than would other
wise have come to US EDWIN GINN.
BOSTON, September 24