The Boise citizen. (Boise, Idaho) 1906-1910, 1909-01-01
CARNEGIE ON FUTURE
MULTEMILLIONAIRE PREDICTS PARTNERSHIP OF
CAPITAL and LABOR AS NEXT STEP

future, still higher jointsocl
every business this believes
final and enduring solution of the labor question Nothing
stand against the direct of We only
pioneers, whose duty is to start the leaving
its full and free development human society ad
vances."
These striking statements found article by Andrew
tora note states that the article taken from Mr. Carneg
new nGoR Ifs o III Today and hat Is published ed the
that he makes Of the continued improve
work and the aborer and the capitalist become the same man.
Mr. Carnegie tells of the beginnings made by the Carnegie
Steel Company many years ago by making from time time 40
by their notes payable only out of the profits of the business
Great Mr. Carnegie taken admit workers of
employers Speaking further of the combination many
works into the United States Steel Corporation he that
the problem presented altogether new for individual
and corporate have costed since joint stock
ges over the latter Able managing their own works in
competition with large bodies Of shareholders employing sal
aried certain distance their corporate compe
or and did Nothing stand against the direct manage
Going speak experiment United
Corporation interesting its officers employees its shares
its saving wormen giving preference repayment
at cost first charge in of disaster just present laws
without novedge and asked to buy them not SOLELY for his
advantage but for the benefit of the wehe
advantage of BOTH"
The writer points out that ust the mechanical world has
changed and improved the world of labor has advanced from
the slavery of the laborer to the day of his absolute independence
and this when he begins take his place as the
hope the day shall be the be
partner with capital the of affairs giving his business
company of the shares and far equally interested
in the Of their Joint efforts d each in ndpenaPe 50 that
Replying the possible charge Of G being Ing Mr.
the moderate corporation has chance competition
with the partnership which embraces the principal officials and
its work The latter may be relied rule to earn
conducted the old pan will incur actual oss and
haps land in financial embarrassment
By of illustration he cites the of the Fene Stores
Boston, which, he says "has arhes of all in the drec
of making its employees shareholders The establishment he
employs 700 to 900 the capital stock is held only by
employees and returned the corporation at it's value should
some one working in the stores "he most important advance
says Carnegie s that all questions submitted to arbitra
on not only complaints disputes but scope Of wor
of employment More than 400 of arbitration
have arisen and the h result @ that both manag W5e and sn
discharged he has the right to appeal to an arbitration board
pues have been satisfactorily settled There profharng
department having to do with which has been able to dis
that tbe Fene stores are not exoeIed if eouaed in
making profits He cites other examples cf protharng and
joint ownership and then to his generazatons in the
course of which he says, among other things
EARTH after changed that sefnteres which is now the
interest The future has not been revealed He
who and he who says no. are equally & Me @
knows therefore neither should presume to consider much Jess
egsate their day. for future they can know nothing OF
the next step toward improved labor conditions through the
stage sharehoding in the industrial world the workman be-
serf by providing shelter and food and clothing for them
then by orders upon articles to payment by cash
independent wormen today each step forward have all
the coming day dawns when payment is TO De
sharing the workman having the
the official and voice IN the management
joint He will be guaranteed minimum wage when
finally paid by profits entirely keep his mind and free for
his work. proper support Of himself and his family beng thus
insured
W may mentioned that the investments OF
the United States Steel Corporation have been very pro
able to both the and the company -,
Zone of the greatest advantages the writer thinks VIII oe
found drawing and managers into closer intercourse
that they learn each others virtues for