Albuquerque citizen. [volume] (Albuquerque, N.M.) 1907-1909, 1908-12-28
HIGHER LEVEL WILL
COME FOR WORKMEH
Tells OF Success OF Plan as Tried
by Steel Company and 9th
er Enterprises Rookie
Teller Tells Sensd-
tIOnS.

ipA ~ Attt lo.-- IN the flf-
ture, labor is to rise still higher. Tne
Joiht-stock form opens the door to
the participation of labor as share
holder in every branch of business.
In this, the writer believes. lies tne
tinal and enduring solution of the ia
Dor question. Nothing can sand
against the direct management of oth-
ers. We are only pioneers whose duty
is to start the movement. leaving to
our successors its fun and free de-
velopment as human society ad-
vances.''
These are striking statements
round In an article by Andrew car
negie in the forthcoming January
number of the WORLDS Work MADE
PUBIC TO-DAY. An editorial noe states
that int article Is taken from Mr.
carnegles new book PROBLEMS or
Today, and that 1t As pubnsi.ed in
the magazine because of the remark
aDle--it might be called even, sensa-
tlonai--forecast that he amakes OF
the continued improveme MT in tne po-
sition of LABOR till proflt-sharing does
It's perfect work and the laborer and
the capitalist become the same man."
Mr.. Carnegie tells of the beginnings
| '''eN'N ~ th' Sai steel CDm DAnX
many years ago by mpklgg. from tImo
10 tins- - IS NNlny t9rtnnrs ,Eiso
paid Tor their interest in the business
by their notes payable only out of the
profits of the business. Great care.
Mr.. Carnegie says, was taken to ad-
nit workers of the mechanical de-
partment which had hitherto been
neglected by employers Speaking
1 n fhA al.s a.
many steel works into the one United
States steel corporation ne SAYS that
the problem presented was not Alto
gether new, FOR individual and cor
porate management have co-existed
since joint-stock companies were
formed. The former had undoubted-
ly great advantages over the latter.
Able men managing their own works
In competition with large bodies of
shareholders employing saiarled man
ayers, were certain to distance their
corporate competitors, and did so.
Nothing can stand against the direct
management of owners"
Going on to speak of the experi-
ment Of the United States Steel cor
poration in interesting its officers and
employees in its shares Mr.. Carnegie
says that every corporation could
well afford to sell shares to its saw
ing workmen giving preference in re-
payment at cost as first charge in
case or disaster, just as present laws
provide first for the mechanics lien
and for homestead exemption. This
is due To the workingman who neees-
sariiy buys the shares without kpowl-
edge, and Is asked to buy them, not
solely for his own advantage, but for
the benefit of the company as we'll
the advantage of both"
The writer points out that "just as
the mechanical world has changed
and improved, so the world of labor
has advanced from the slavery of the
laborer TO the day of his absolute in
dependence and now to this day. when
he begins to take his proper place as
the apitalist-partner of his employ
err We may look forward with hope
to the day when Il shall be the rule
for the workman TO be partner with
capital, the man OF affairs giving his
business experience, the workingman
In the mill his mechanical skill, to
the company, both owners of the
shares and so far equally interested
in the success OF their joint efforts
each indispensable so that without
their cooperation success would be
impossible"
Replying to the possible charge Of
being ver-sanguine Mr.. Carnegie de-
clares himself convinced that "tha
nuge combination and even the mod
crate corporation has no chance In
competition with the partnership
which embraces the principal off,
cials and has adopted the system OF
payment by bonus or reward through
out its work. The latter may be re-
lied upon as a rule to earn handsome
dividends in times of depression dur
ing which the former conducted up
on the old plan win incur actual iOes
and perhaps land in financial embar-
rassment
BY way of illustration, he cites the
case of the Filene stores, OF Boston,
which he says has gone fartherest of
all in the direction OF making Its em-
ployes shareholders" The establish
ment, he says, employs seven to nine
hundred men, the capital stock Is held
only by employees, and is returned TO