The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1913-01-02
CORPORATION HEAD
SENDS GREETING
PRESIDENT VAIL ANNOUNCES
BENEFITS
BEGIN WITH NEW YEAR.

Theodore N. Vail, president of the
American Telephone & Telegraph
the Western Union Telegraph
company and the Western Electric
today sent the following New
Years greeting to all Of the employees
of the three corporations of which he
is the head. The greeting came to he
employees of the local companies over
their w wires and reached Missoula
shortly after Dol yesterday. Here is
President Wallis message:
ITO the employees of the Western
Union Telegraph company, the West
ern Electric company, and the Bell
Telephone system:
The new plan of benefits for dis
ability due to accidents or sickness, of
insurance and of pensions goes into eff
feet with the new year.
Nearly 100000 men and women who
are now giving their best years to
the telephone and telegraph service Of
the company will henceforth be GER
tain of assistance in the exigencies of
life for which all are not able to pro-
vide and will also be assured of a pro-
vision for their declining years. 1t is
but natural that every employe should
desire to assume the normal RESPONSE
bilities of life and surround himself
and those depending upon him with
the things that make life complete and
enjoyable. Unforeseen happenings may
make these responsibilities heavy bur-
dens and what ever may be put aside
for the day of misfortune must in the
beginning be small and accumulated.
A realization that obligations must be
met in time of misfortune as well as
in time of prosperity has made the
need of something beside merely an
old age pension absolutely vital.
employers buy and employees sell
service. Perfect service Is only to be
found when fidelity and loyalty are
reciprocal in employer and employe.
1t is the relationship that brings sat
isfaction and success to both.
"The intent and purpose of the en-
ployer in establishing a plan Of bene-
fits is to give tangible expression to
the reciprocity, which means faithful
and loyal service on the part of the
employ with protection from all the
ordinary misfortunes to which he is
liable; reciprocity, which means mu-
tual regards Tor one another ) litter
est and welfare.
This is justice and without justice
n sympathy of interest We can not
hope to do a thoroughly good piece
of work.
1.-THE American Telephone & Tele-
graph company, which centralizes the
associated companies into one system,
with one policy for a universal service,
has considered the interest of all work.
ers and has made q comprehensive
plan possible. 1t is the administrative
clearing house of the underwater of
the necessary reserve fund upon which
the general plan must depend.
One illustrative instance of the eX-
ercise of these functions has been the
unifying of the various interests so
that any employee may desire to work
anywhere in the country with unin-
~terrupted benefits and any company
can obtain any man it needs without
Prejudice to his welfare.
In behalf of the management of the
American Telephone & Telegraph
company, the Western Union Tele-
graph company, and the Western Elec-
trio company, let me say, that we
have a personal interest in our public
service, a personal interest in our en-
ployes and a personal interest in our
common country. 1t is our hope that
what we have already accomplished
has helped the men and women of the
Bel system to become happier and
better American citizens and it is
our New Years wish that what has
been planned for the future will con
tribute to the constantly increasing
of happiness and betterment.
THEODORE n. VAIL"
lew York, January /, 1913"