The sun. [volume] (New York [N.Y.]) 1833-1916, 1900-02-04
INSURANCE FOR STRIKERS.
VIEW CONCERN IHAT PROMISES 10
PAY or GET ~ EN MEN JOBS.

II Invites the Patronage Of n-uni ms
We'll ns Union work-rs-It Hasn't Done
Much Business Yet. but Its Hopes Are
High-Conpany's Home once IL Here.
For some time a concern calling Itself the
National Wage Workers Protective Company
has been distributing rs circulars In the rari-
Gus labor union headquarters. The name Of
stephen McKeon appears In the circular as
President and It also states that the company
has been organized under the laws Of the state
OF New York with y capital stock OF 100000.
Thu circular. which II Is addressed TO the Wage
Farmer" says that the company has "A twofold
object philanthropy and benevolence.' 1t
proposes. the officers OF the company say. to
create a fund for the benefit OF persons who
lose their Jobs through no fault OF their own or
are rendered Idle by strikes or lock outs. Each
applicant for benefits nj st pay a fec ofoOcents
and a weekly premium. In return for which
employment or a certain sum weekly IL guaran-
teed him. Tho amount OF the benefit Ia proper
tionate to the weekly premium. 50cents a week
emitting the beneficiary to SO a week beneft.
The circular concludes: We pay you when
out Of work for any cause except voluntary
idleness"
The printed conditions. however. provide
that the company reserves the right to increase
the weekly rate in proportion to the number OF
strikes and lock-outs. such increase not to ex-
coed the rate OF the class to which the holder OF
the certif cate belongs for any such strike or
lockout. this reservation not to be increased
for a longer period than thirteen weeks.
Another. condition Is that a man must pay
weekly for six months before he can derive
any leneft from. the company. and the time
may be- extended for a year under certain con-
dltions, Refusal to accept employment can
cels all rights and privileges under the certih-
cate. The same thing applies to q person dis
charged for Iimpertinence or refusal to obey
orders.
A Sun reporter made several attempts last
week to see the officials OF the company at its
office on the eleventh floor 81 3W3 Broadway,
tertay, however. the door was opan and {. Is.
Lasse'l. the general manager OF the company.
was seated at a desk. The home Office consists
of two small rooms, in one OF which sat a girl
operating a typewriter. Lassell said that the
comnhny had not been in business long and
was not yet in full working order;
We'll have the place open ali the time after
this he said. Our aim IL 20 assist people
out o. work. involun'arily. whether they be-
long u unions or not
Asked whether a certificate holder who had
lost his Job before he had been xix months in
the company and who was unable to pay any
longer would forfeit the money he had paid n.
he said: Under the conditions he would. We
cannot give any benefit until he j. six months
a holder of q certificate. and then he Is en-
titled 70 three months benefits 4 we can't pro-
last for three months
Regarding the provision that the company
could extend NE t,me when tns Eeneiits would
sary, he said that this condition was for the
purpose OF protecting the company in case ot
unusual, demands upon i. MANAGER Lassell
declined to say how much OF the capital was
paid up. He admitted that little business had
been done by tho company so far.