New-York tribune., 1912-01-15
TO PROMOTE EFFICIENCY
National Society Will Be Incor.
pOrated in This State

Inc Socie'y ioI irVmouDg EfiCencv
new organization Of business and pro,,'
sonai men, educators, economists ana 80
licists, after number Of prelimlnarv ~
ferences beginning last summer. has
cided TO incorporate in this state ana :.
come national body.
It's object, according to a tentative A..
OF the constitution, Is "to prorno,o ~
cheney In commercial and industrial .n,.
prises OF all kinds, including public ss-,,a-
corporations" Efficiency, or "sc,en,is.
management" first came into genera, -
tice last winter, when one of its lead,,.
exponents, Louis ID. Brandeis of Ros,or
declared before the railroad rate inves,,y,,'
ing committee in Washington that the raa-
roads of the country could save 81 OOo10
day by adopting efficiency methods.
James G. Cannon, president OF the Four,s
National Bank, has been chosen chajrm,n
Of the organizing committee Of the new
society.
During the latter part Of the summer ;.
said Mr. Cannon yesterday, "a small groun
of men, who have been students Of ana
participants in Industrial enterprises durI,.
the last ten or fifteen years and havs
watched the development of plants. from
the small factory, with its hundred or so
employees, up 20 the trusts, with their thou.
sands Of working people, were talking to-
gether about the causes OF the unsettled
state Of affairs and the unsatisfactory CON-
ditions which the government was probing
and they came to the conclusion that n
might be a good idea 10 get together ths
various elements which enter into indus
try, so that they could compare notes and
cancel out processes and methods and sys.
tens which had not been satisfactory ana
introduce IN their place more modern
schemes of organization and management
which were definitely known would pro.
duce satisfactory results.
And what they meant by satisfactory
was not simply financial returns 10 those
who were owners and interested parties,
but satisfactory as we'll to the working
people. who, in the last analysis, were the
element upon which success in the enter
prises depended.
After talking over the idea they agreei
TO come together again in few days and
bring with them some Of their friends who
might be interested in such a movement
THE second meeting was much larger
than the first, and the movement has grown
until now It has crystallized into a definite
organization, with over two hundred and
fifty members, and about a thousand pro.
posas for membership ready TO be passed
upon by the membership committee
Society to Meet in February.
The first meeting of the society will be
held in the rooms Of the Merchants As.
sociation, No. 81 Lafayette street, some
time In the early part of February. IL will
be an al-day gathering. with three ses-
sions-m morning afternoon and evening. Men
from all parts OF the country are expected
70 be present and there will be talks on
efficiency and the aims OF the society by
number Of leading experts.
Mr. Cannon has sent out more than Two
thousand invitations TO the heads Of cor.
poratons capitalized at 100000 or moro
in various parts of the country. and the
responses indicate that a largo number Of
them will be present.
There is so similar organization in the
world Just what the new society will
seek 10 accomplish will be determined deh-
nitely at the February meeting. Those
who have been conferring with Mr. Can
ron on the subject have, however, mapped
out the mediate work Of the society along
these general lines:
First-A permanent headquarters for the
use of members of special committees, with
an executive in charge, VIII be establsnec.
SeCond-A special committee Tor eacn IN
dustry. working TO establish definite stand
ards and disseminating information regard
ing them, will be formed.
Third-A comprehensive library OF busl-
ness will be collected ana placed at the
disposal OF members To this library yalu-
able donations embracing most OF the
authoritative publications OF recent years
have already been promised:
Fourth-Stated meetings, designed 10 pro,
mote acquaintance and interchange OF
thought among progressive business ana
professional men in various fields VIII pe
held.
/, benefit of its members the valuable papers
and discussions presented at IT'S meetings
and also at conferences on special subjects
OF vital interest. as may from ume 10 uiho
be proposed by members.
In order TO make the society thoroughly
representative membership will be open TO-
men engaged In every form Of business
using the word business" in its brosdest
sense. II will thus provide common meet
ing ground upon which those interested IN
business efficiency may become acquainted
and exchange ideas.
It's membership is to include executives IN
large corporations. public accountants IN
dustrial engineers, recognized experts IN
such fields as systematIzing, selling pur'
chasing. advertising, sanitation hygiene
and social service and lawyers, economists
educators, legislators and government OF
ficials.
Some OF the Committeeman,
There are more than one hundred men on
the organizing committee with Mr.. Cannon.
Among them are A. Barton Hepburn presl-
dent Of the Chase National Bank: E. G.
Converse. president Of the Bankers Trust
Company Joseph u. Oliver. president 0l
the Oliver Chilled Plough Works; William
j. Schieffelin. Isidor Straus, Henry "
Towne. president of the Yale-Towne Manu-
featuring Company; DR. Luther n. Guiiea
John Hays HAMMOND. Professor Edward j.
Devine. OF Columbia UNIVERSITY Professor
Irving Fisher. of Yale University; Protes.
sor Edwin T. Gay. dean Of the HarNstu
University Graduate School of Business Ad'
ministratlon Professor w, NJ F. Goss' desn
Of the Collese of Engineering of the pnr
versity Of Illinois. Professor Jeremiah We
jerks. of Cornell: Dean Joseph F Johnson
of the New York University school OF Com.
merce Accounts and Finance Protess@
Charles Il. Lucke. Of Columbia; Dean Leon
c. Marshall. of the college OF CommerS Of
Chicago University: Professor r. A.
Sellgman. OF Columbia; Professor James
Young. director OF the Wharton schooi %
Finance and Commerce OF the CniNefs'v
of Pennsylvania ex-senator Aoert
Reveridee OF Indiana Robert :. BinAeia.