Iron County news. [volume] (Hurley, Wis.) 1913-1950, 1916-10-21
ELECTRIC WIZARD
Sees SOCIALISM
Or. Charles SteinmetZ Thinks
Corporation Forerunner of
New Order.
COOPERATION OF BUSINESS
1t Was Found Necessary to Reorganize
Industry in lndiVidualistic Eng
land Under War Stress, He
Points Out.

philadelphia-"A corporation is
crude form Of socialism Within the
raRks of the corporation anyone Of its
thousands of employees has more OPP
portunity to develop than he would in
the employ Of private firm. The cor
poration gives a man better chance"
These pro-c0rporation, pro-socialist
statements were made by Or. Charles
PrOteus Stelnmetz, the greatest cleo
tricnl genius of the century, while he
was here attending the recent conven-
tion of the Illuminating Engineering
society, of which he is president.
For % years Doctor Steiumetz has
been chief consulting engineer for the
General Electrical company. But
there's another side OF the electrical
wizard. In 1887 Charles proteus Stein
metz, Il student at Breslau, and only
twenty years old, was forced to leave
Germany on account of his active So
ciaistic propaganda. Now. as an en-
ployee OF IA great corporation and as
an enthusiastic socialist, Doctor Stein
modern corporaton-th beginnings Of
socialism.
THE tendency of business today is
toward cooperation" Doctor Stein
metz said. Incorporation in business
means the big corporation. Competi-
ton Is dying out. Through stress Of
war the nations have been forced to
practice cooperation within their own
boundary lines The need was impera-
tive; the value and benefit of cooper
alton Is evident
England Forced to Cooperation.
an indivlduallstic England there has
been a systematic reorganization of
her railroads, cooperation among her
1inanciers and big business, ali that
the business of war might be carried
ON more efficiently
Cooperation, the Incorporating of
units to achieve better results. is one
form of socialism. 4 crude one. but
Al beginning"
Contrary to the general understand
ing Of the crushing deSpotism of pow
ness men forced out of competition
mud OF young men mulcted of creative
ideas and thrown ON the ash heap
Doctor S.einmet1 believes thar within
the ranks of the corporation is given
10 the young man an opportunity such
as he can get nowhere else.
"A corporation viii pay more with
less thought OF loss" Doctor Steinmetz
said in explanation. "The private In
dlvidual must Eet results and quickly
lie cannot afford to Waif-oue year
two, perhaps ten or more. Every en-
ployee in the small business means SO
much money To his firm today. The
firm cannot afford to wait on the fu.
ture. The employee must show results
The corporation, on the contrary. need
not consider Il small loss. Ii does not
feel II. Ii can raise a mans salary.
carry him on definitely and give him
time to develop his own ideas Il paws
the large corporation to give it's en-
ployeeS a chance, tat the small house
cannot invest I'm the future.
Means Equal Opportunity.
Equal opportunity mas been con
fused with equality of goods ANA equal
ity of character he continued
Socialism is not communism: the
goods of the world win not be divided
equally among the people" said Doctor
Steinmetz. only in small communi-
ties, such as Sparta, was that possible
Certainly not In this day OF complex
life.
Socialism means equal opportunity
Under socialism there will be no arti-
fetal distinction. Equal opportunity
will help men to become unequal. Abil-
ity and character viii force men to
varying grades Of inequality. To-day
men are Seld at dead level because
opportunity IS withheld from them.
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