The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1908-12-29
LABOR TO RISE
BY COOPERATION
is THEORY OF ANDREW CARNE.
GLE WRITING I'M JANUARY
WORLD or WORK"
HAS PROVED SUCCESS
In u, S. steel Corporation and Other
Cases But Time Not Ripe
For General Acop-
ton


New York, Dec, 2S-"ln the future,
labor is TO rise still higher Tho
joint stock form opens the door to the
participation of labor as shareholder
| in every branch of business. In this
the writer believes, lies the final and
enduring solution Of the labor ques
ton. Nothing can stand against the
direct management OF others We
! are only pioneers whose duty is 70
start the movement, leaving to ous
successors its full and free develop
ment as human society advances"
These are striking statements
found in an article by Andrew Carne-
gle In the forthcoming January mum
Der Of Tho " orIds Work made pub
lie today An editorial note states
that the article Ii taken from Mr.
Carnegies new book Problems Of
To-day and that 1t is published in the
magazine because of the remark
tional-forecast that he makes of the
continued Improvement on the posi-
tion of labor tin profitsharing does
It's perfect work and the laborer and
the capitalist become the same man
Mr. Carnegie tells of the begil
nings made by the Carnegie Steel
Company many years ago BY maEi1s
from time to time 40-odd young part
ners, who paid for their interest II
the business by their notes. payable
only out of the profits of the business.
Great care, Mr.. Carnegie says was
taken to admit workers 81 4ha me
chanlcal department which had hith
erto been neglected by employers
Speaking further on Of the cOmbina
tion Of many steel works into the one
United Steel Corporation he says
that the problem presented was not
altogether new for individual aud
corporate management have cock
listed since joint stock companies
were formed The former had un
doubtedly great advantages over the
latter. Able men managing their
own works, In competition with large
bodies of shareholders employing sal
aried managers, were certain TO dis
tance their corporate competitors
and did so Nothing can stand against
the direct management of owners.
Going on to speak Of the expert
ment of the United States Steel Cor
pOration In interesting its officers
and employees in its shares Mr. Car
negie says that every corporation
could well afford to sell shares to its
saving workmen giving preference in
repayment at cost as a first charge in
case OF disaster, just as present laws
provide first for the mechanics lien
and for homestead exemption. This
IS due 10 the workingman who neecs-
sarily buys the shares without knowl-
edge. and Is asked 10 buy them. not
solely for his own advantage but for
the benefit OF the company as we'll
the advantage OF both"
Tho writer points out that Just as
the mechanical world has changed
and improved. So the world Of labor
has advanced from the slavery of tn
iaboror 10 the day Of his absolute In
dependence ami now 20 this day.
when he begins tp take his proper
place as .bc capitalist partner ~ his
employer We uay look forward with
hope to the day when it shall he the
rulr for thr workman 90 he partner
with capital The man of Affairs civ
irg his business experience. the work
ingmau 'n the min his mechanical
zEHi t0 tho company. beth owners
~ tHc shares and so far equally intei-
esttei lu fhe success of their joint q
forts. each Indispensable. 81 that
without their cooperation ,Ucr ss
would ho impossible"
Replying 10 tho possible chance 20
beirE oversanEuino. Nr Carnegie i"-
ria-ss himself convinced that the
huge combination d1F even the mod.
crate corporation has no chance iE
competition with t-e rarutrshin
uhich embrace rh. principal officials
and has ad0pfcs -fe system Cf raf
mrnf bv Bonus 1- reward through
sut ifs work Ths laf-a- may be re
.icI urrn. ss rule fe earn hani
some dividends on times Of derress
on. Hlrur which fHa farucr. con.
HHefeI upon fh. o.d plsn, all incur
,e.u-- Joss. and perha.= land ia hnan.
-ial Embarrassment
.Ccrar.uership teu5s fo bring
-aaEz.nE sense of the truth to BON
abo- and capital that their Interests
sraaf-r considered are mutual. and
BE- far as fhe latter is considered 2.
nav ansuy. i8 some eases. D. At
urnishcl hv those ENGAGED in ths
ro-ks ehirh is the id az that shUuh
'e held in vieU-the workman bota
.auitaHsf and vurker. eppioge ara