The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1914-05-19
Profit Sharing and
Labor Copartnershil

CONSUL Genera John J.. Griflths,
London, England
A REPORT has been published hy
IA the British government
board OF tradc on pront shar-
INK aud labor c-opartncrship abroad.
In the PREDATORY note there rs "a brief
reference To- the different classes OF
business in various countries in which
There has been profit sharing or labor
copartncrship. la the United King
dom II is stated that these methods
Of ps%sOciatlng employees with the UNI
'grttkings in which they are engaged
have been largely confined 60 gas
companies and about half Of the gas
produced hy gas companies iu the
United Kingdom is produced under
proht-sharing conditions
Turning 10 France BE- be- found that
there are only two pront-shariug gas
companies. and that profit sharing in
that country prevails largely amuHs
Insurance companies and banks. "a
-roup that has only one representa-
tive In the United Kingdom. PROFIT
sharing is a feature. more OF less. Of
the mines ana quatrics, railways n
tramways. and metal. engineering
aud -shipbuilding firms in France,
while IN England u Is prominent in
tho clothing. the fuod aud tobacco.
aud the chemical trades. The report
continues
In the United Kingdom a very
large number OF vhomcs still provide
for the payment of the bonus simply
la cash, while in The most recent
schemes, particularly those OF the gas
companies. the plan of giving work
noodle H.. mn. fw ~. .a...a.-.. 80
shares In the undertaking Is largely
adopted Neither Of these systems
has anything like the same import
ancc IA France, payment IN cash,
though uf course not unknown la
France. is far les. common than here
and has been somewhat d|iscountc-
nanocd by certain leading members
of the French Prult-Sharing society
while the system of encouraging cm-
pioycs 10 purchase shares iu the en-
pluycrs undertaking b. not very gen
cr1l and Is regarded as exposing the
work peoples proflt-shuTiug bonuses
Go 50. cssiNc risk.
The typical French system b. that
"i rtpitaliziug the bunus uud OF tho
various methods ny which this can
nr Effected that which finds most
favor is the method ut converting the
accumulated huuusrs into u "patri-
moline, that is Co say, a capital sum
sufficient Gao provide "a pension for the
rmployc after his retirement. and also
something to leave Co ms widow and
children after his ucath. This WAS
tho system advocated boy NJ Alfred
de- Cour,y, one of the leading French
advocates of prom sharing and man
agiug director 81 the General Assur-
au,c CO. C'ompugnic d'Assurauccs
Gcncralcsl for some years N, de
DouiOy introduced the system iu his
own company. and ms example was
largely followed hy other Insurance
companies az well as ia other busi-
ness. u Viii ot course be- understood
thar the funds for proyiding the
'putrimoine" are not IN All eases cx'
rlusiNclS derived from the accumulat.
ed profit sharing bonuses but are
sometimes supplemented. OF even pro.
yidcd as Go the larger proportion. bS
1 dcdurliug from salaries. OF bN d
charge IN thc general cNpenditur,
account of % employing firm
Few Su'CcSscs Ia Germany and swift
cFland
% appears iu the report TIM prof.
/, sharing has not been Very successful
! boz Germany. and that there are unl'
about go such rhcmes nov in exist
: cucr In a OF these undertaking..
about 1s.u 900 ct 10 400 persons were
employed ono statistics are available
aH Coo the othoTsI. o. about un,-scN
cnth ut the number who are wurkiuI
boa tho United Kingdom under prom
shuriul conditions iu one prom
sharing scheme which was introduces
10 U. fH.H1..H. ID. T.Nt fh. Ur.FH .NUF
uE boias Tor the q, years has aver
AGED 80 per ccnt of the wages an.
salaries paid Although one Of IN
= profit sharing srhcmos iu German
goes back go years most 81 those mon
loo existence ure of quite recent ori
-iu n is stated ln the report tina
th, present heads of the urn. white
D represents the oldest pToht sharin
scheme n Germany. De- not attach
yer, high value Co o. fruut -harin
srhoraoa iu Germany inrlud, brew
a cries metal and cnglncsriug work.
u potiory and weaving factory. am in
surance company, a river strlnhua
company. "a fruit preserving c"mpan
and tao mercantile hTns
~ There atc only = or 90 profit shai
ing schemes now in existence D
u Switzerland. and "most Of these nf
a. boz small u~udcrtHkiugH As far bacl
"a however. Hr 1868 piout SHARING wl
tried iu Switzerland iu the fcder.
n postal service hut was abandoned
= 1913 OWNS Co au anticipated dim
q mutton 81 profits and Also Go the e,
cessi,e accounting involved
There h. one profit sharing schem
IS IN Holland iu which the capital ne, e
IA varies, "the stock 81 thc 0riginl