New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-11-24
DISCUSS PENSIONS.
Welfare Hork Also Before
National Ciuic Federation.

Tie morning and afternoon discussions
~ insurance FOR workmen, pensions and
general welfare work before the National
Civic Federation were carried on by men
" hose experience gave much weight TO
their opinions.
George ". Perkins. OF the hrm Of J.
J.. Gorgsn d Co. and chairman Il
lhc finance committee u The International
Harvester Company. made The first speech
q The day. Iie said.
Plans for profit sharing. pensions and
ilf Ike are not new ~ American business.
They have been tired in various forms Tor
o i"us uIc. aud Up 70 few years ago
many of Them lad fallen more pr less
snort or success. II a. NV opinion that the
reason Tor this can b. found almost wholly
ln fAe iacl that The unsuccessful plans
do not eInbodv true. an honest and 4
lalN snult OF cooperation. a secret. per
l- ps aln1Oss an unconscious. pllT7lpss existed
20 heneht The business iu Question out II
proportion T. the labor employed In the
,us.i.ess' anl no sub plan having such a
purpose cas- 10 rTnuneutlv succeed.
on The other hand. there should b. uo
Nfitlnlenial Lhlan t.rnpT apout This grea [
2e-sllon y Is purely business question.
FT"rt sharing, pensions ana the like from
pecunlarE STANDPOINT are 4 profitable
mag for the business ana also FOR it,
labor OF for neither. 10 American. worthy
To- nothing.
ough helped tho employees formulate 4
sick, accident and death benefit system
after the employees Of the road ceased 10
te organized lie continued:
The plsn thst We are using is somewhat
similar . that followed bv thc PennsNi-
snis Railroad. We felt that tie emplovss
~ TIC lnteTborough should have the right
- insure themselves al certain fixed rates.
- 81 association was formed that rs en-
ifelH voluntary IN character. There arc
afrLaln reasons why al employes of 4
? anslt system should not care 10 avail
themselves Of the dement's OF ss,~l an -
~ocls uOn- $50 Why certain Of TIE mon
hhculo not ~ eligible. because there Is q
The important featura - rl5o H.l,ri. -.ro,
osiriol is that the company guarantee. ,.,.d
assumes ne Responsibility Of thc opera ton
81 the func. m en- indires; va therefore
IS a. KIND ~ p pension flLty-siN per cent
~ the cnpioyes OF the InteThorouEh MAX
ing Total q 5.es7 men. are members TEs
rEafE J, -sl-, 20 November y lnp were
s5'sei % tins amount S425s was con-
N-1lie1 DF The COMPANY.
When an employe leaves the service his
interest IN the fund ceases. This is rlCt Ie
osuse o. any attempt By the COMPANY 20
compel hi1 10 remain with g. but because
fhore could not 10 found snv practice he
~ar ~ winch ~nT otifr arrangement could
J. " Clynes -. + End secretary 2
Gss Workers ana General Iaborers' Union
Englano. Es"e An account o. the nght
that Was made for nd age pensions there
and how various good things we're ALREADY
resulting 'herefrcm
other speaker were George 4 Rauncy.
NJ the International Harvester Company.
T.. A Tom2kins, director ~ thc Sstiousl
.Tsuufa -turers' Association. Henry r.
Tcvlle. president 81 Tho Yaie & Tovue
NGnufsctEunS COMPANY. =. 4. Holmes.
A. y Gsrretson. Milo n Dawson. John
n llliems New York state COMMITS ioner
- Labor. end Edward - Akin. OF the
Ncw , ORA Edison COMPANY.