The Bridgeport evening farmer., 1915-01-07
THINKS FORD SYSTEM MUST
 FINALLY FAIL Professor, Who Thinks Pro fessors Know Little, Talks
 On Economics
MANUFACTURERS AT INTERESTING MEETING
Profit Sharing Held to Be Key to Peace Between
  Capital and Labor

The first of the monthly uneetings of the A1aa1alfacturer Association sched- uled for the coming season was held last ndglht in the new banquet hall members present to hear carefully prepared address by Professor Lee Gallaway upon the relation that capd- l tad beans to labor.
 Steward William P. Crowley had prepared an elaborate menu which was enjoyed by all, and reflected great credit upon the Seaside club which for the first time had extended the courtesies of the building to the Man. ufactyurers' association.
 President l.. B. Curtis briefly intro dauced Professor Galloway, who, began. l at once upon a dissertation that was both new and interesting and showed the result of deep study.
 Telling how he got out of college work even before he got into it. the! lspeaker continued to say that the sciences that are being nuIled over l in our colleges are all right if you have got thine to waste on them and If you come from a family that can Ef- ford to pay your way through four iyears of culture with a. eapiftaI stK z but that soTnehow or other when you l travel around with Hf1e ordinary col lege professor you find how little he l knows. Like Mark Twain said: He I knows so unuch Hllaf is not true that
  are all right
 To get dal touch with the men who are making history instead of books I that are written about history is the tthing that is practical today and kind lof turned me against academic educa- ttion.
 Business is the place where eco- nornies have their foundatt6on. ann more interested in Bridgeport than in New Haven When come down here and see smokestaclzs. buildings of brick and stone and smell their perfumes, that is what consider as profitable. It is alive and vital, and that is what we should be proud of in this nation, not proud of paintings and stat1lauy and mEunrnies for those are not things lflization.
 Taking up Labor and Factory Management Prof. Galloway said he would not bore his hearers with de-
 tails of factory management familiar
 to all, and which were adeuuateIy ! covered in business magazines. but
 that he wanted to touch upon a new ; phase of the relation between capital
 and labor. s'Questions of manage ment, So far as labor is concerned. is
 even now regulated by big forces out
 side of the factory over which the
 manufactures has no control. An at tempt to get cooperation and loyalty from employees without consideration tof this big interests would not get
 far asserted the speaker
 Make up all the n1ottoes you want. but on the outside are great forces
 working which if you do not study as business men, you will not be able tc 5 solve.''
 Bringing the business unit of capital and labor from the early ages the
 speaker then attempted to show thai 2 in the early ages the business unit was identical and represented in one 2 man, capital. labor. land and manage ment, the size of industry, owing tc : lack of transportation, demand, and 1. ntercommunication with other towns and nations being limited, being small National expansion finally separated 5 the Iaborer from his tools, moved hin 7 from his knowledge of where ths : goods went, from his knowledge ever } l of how a portion of his goods were
 made ,and created another eIemen
 which furnished the capital upo1 which his labor was financed
 Quoting statistics to show that i'm ports and exports are in the billions - | today the speaker made comparison ], with the day when early producer T than 100 people to the square mile
 deducing that the same inhuenc
 upon capital was significant, for nov s the evolution of the artisan had con T trol of millions of capital, in the in = stance of the U. s. Steel corporation
 over two bollion of dollars, while a a, 1aborer in the old days the artisan
 owned his own tools and consume, his own product, which relationshl
 existed until the time of the revoIu