New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-10-14
United States Motor Company's
Employees to Share Profits.
ALL MAY PURCHASE STOCK
Systematic Attempt to Do Away
with Annoyances of Tourists
in switzerland.

United states Motor Company has adopted
a cooperative plan whereby its employees
may become stockholders and participate
in the profits of the company. Nearly
twelve thousand employees are affected.
President Benjamin Briscoe is the author
of the plan. and it is his intention to make
all employes feel that they a part of
the organization.
Since the formation of the United States
Motor Company Mr.. Briscoe has had this
cooperative plan continually in mind. He
has now worked the plan out and has
caused to be set aside S1,000,000 worth of
the company's per cent cumulative stock,
which is offered TO dealers, branch house
managers and other employees, with par
ticipation in proportionate distribution of
block OF common stock aggregatinS $780,
600.
President Brscoe makes the following
statement relative TO the cooperative plan:
Many of the heads of departments are
now stockholders in the company ana
plan has been worked oct largely to extend
the system throughout the entire lst OF
employees. Cooperation among the various
affiliated companies has been accomplishing
with very beneficial results. and thouSh
each company retains its full individuality
the facilities of each are co-ordinated ana
operated with those of the other;
ent state Of efficiency has taken an I'M
mense amount of work and extensive finan-
cial resources. Results have proved very
satisfactory. and in response to request
made by the heads of the various depart
ments of the sales organization II has been
decided 10 present a plan which Will give
an opportunity 10 the employees to become
stockholders in the company.
The dealers in the companys product ana M
Offices are as important factors in the sue
cess of the company as are its manufactur-
ing facilities and plants. The business Is
now so extensive that no one man OF SET
Of men can control il or can individually
take charge of all of its activities
The feeling of partnership engenders re-
lationship mutually beneficial. The com
pany needs its employees. and II IS believed
that in this their vocation and their llNeil-
hood and their best opportunities iQI gre 81
the company as possible.
In studying various plans of cooperation
and participation the one which represents
the most dignihed business relationship
is that which will permit employees and
dealers 70 purchase, if they so desire, pre-
tional compensation to them for their en-
livened interest. participation will also
be given in the profits accruing from the
| common stock
II is my desire to see each and every en-
pIoye stakeholder in the United states
each employe feel that he is in partnership
with the officials of the organization and:
to say the least, gives him that feeling of
employer but for himself.
OF interest to the motor car industry and
the public I'm general. is the announcement
of the annual meeting of the +. p. Stearns
Company. of Cleveland, Ohio. manutactur-
er OF Stearns motor cars. stating that on
October 6 a cash dividend of % per cent
was declared. as against the l. per cent
dividend declared last year. The following
-. i
+. 3. Stearns. president: r. f. York vice
president: z. Melvin, secretary and treas
urer: F. NJ Stearns. e A Merritt, A. w.
Thompson and Philip Wick.
An annoyance to which American motor
lists have been subjected in Europe in the
last season has been the petty persecution
by officers in Switzerland. A multiplicity
of laws and regulations in the various can
tons OF that country SO bind the motor
car owner that touring there has been
robbed of a great deal of its pleasure. Ger
tain roads are barred during certain hours,
and different speed regulations almost
make course Of legal instruction neces-
| sary before a tourist dares TO venture
across the mountainous little republic. In
most instances tourists who have been de-
tanned by the Swiss authorities have sim
ply paid their fines and left the country. as
the cheapest way out of the matter. Dur
ing the last six months letters of protest
| galore have been published in the papers
| of Germany, France, Italy and England.
Now. however, according TO advices re-
ceived by the Pierce-Arrow Motor Car
| Company. of Buffalo. from Paris, where it
maintains a branch for parts and supplies,
I a concerted movement is on foot to do
away with the annoyances of travel there.
A tabulation is being made of the instances
| i'm which motor users believe they have
been dealt with harshly, and these will be
presented TO the higher authorities of Swift
erland. Needless to say, the American
and other tourists in France who are at
the head OF the movement viii have the
ardent support OF that considerable body
the Swiss hotelkeepeTs.