New-York tribune., 1908-12-29
LABOR ASSHAREH0LDER
Carnegie Ad0ocates This Plan to
Settle Al Industrial Strife.

Andrew Carnegie in his new book Problems
of To-day some extracts from which printed
in the current number of The Worlds Work
magazine, declares his belief that in the partici-
patton of labor SIS shareholder in every branch
Of business lies the final and enduring solution or
the abor question" Mr.. Carnegie develops the
theory that the great strides which labor has mede
in the past in advancing from slavery and serfd1m
10 the present high standard viii be ecIipsed IN
the future, when the strife between labor and
capital will be ended by the uniting or the two
forces
The author describes the application Of this prin-
ciple to the mana cement Of the Carnegie steel
Company and to the United States Steel Corpora
ton. and explains the working Of the Ftene stores
of Boston, shareholding company. the entire c1p-
ita stock of which is held by employees He points
out that all these experimental ventures have heen
Of great profit to both the employees and the COM
panies, and advises the sober minded workrnen to
hold fast TO that which has proved itself good.
Mr. Carnegie then continues:
Thus see that the world moves on step by
iCal world changed and improved. so the world
81 rer 6 te s ay o s fG ute sp I md
now to this day when he begins to take his Proper
We may look forward with hope to the day when
with capital the man of AFFAIRS giving MS bust
ness experience, the workingman I'm the NIL nis
the shares and so far equally interested in he
success Of their Joint efforts each ndisPehsa , is
be impossible It IS a splendid vista along WHICH
Meanwhile. here IS the germ OF promisnE~p an
offered solution for one Of the pressing pr9o-
lens Of age. which may prove capable or 1e-
velCpnent. Let us receive. study and discuss II
with open mind. That the problem viii ne soi'eH
and that the factors are some day TO i've IN
society bears a charmed life. II is immortal, ana
born with the inherent power or instinct az
law OF its being. to solve all problems finally IN
the best form. and among these ncne more surely
than that vexed question Of our day the reistlons
between these Sismese twins. which must HlItd,
ally prosper o mutually deCay-EmployeT ana
Enployed-C apital and La Dor
We Just the beginning OF pront shaT lf5
and the reign OF workingmen pruprietors. w1lch
many indications point to the next step TOT
higher stage OF profit sharingj0int partners p
workers with the hand and workers with the neau
paid from profits dragging of the latter down
but the raising Of the former
il the finest illustration Of the perfect relation
ship which is day to prevail between caPlJal
and labor generally. Every man in the snip. from
the captain down is partner. paid by sllarlns IN
the profits of the catch. according TO the Vslue
his Ia Dor Here is a field capable of imu1eo ate
fix a minimum wage sufficient TO maintain eCCnOnl-
iCalv the workers household and 10 this u Is
believed every fair minded employer would gladly
agree.
Germs in the United States which nave welfare de-
partments. sales Of stock workmen. or other
modes Of adding their wages, or forms reco
nizng the community Of interest between emp oy-
and employed .
Eighteen Of the principal railroad companies in
their employees extra recompense. the cost borne
exclusively by the corporations. So marches labor
up the heights to equality with the millionaire as
his partner in business.