South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-10-02
PRIEST FAVORS
PROFIT-SHARING
Rev. ROIger Offers Solution of
Labor Difficulties in
New Plan.

Another phase OF the profit
saving plan" as "A solution Of the diff
ficuIties between labor and capital
WIS offered by Rev. William a. Boil
ger. dean OF the department Of
economics al Notre Dame univer-
sity In speech az the dinner Of
THE Round Table at the y. ". G.
A. Wednesday night
Rev. Bolger advocated the forma-
ton OF a corporation among the
laboring men of the United States
and that committee Of men be Sc
lected from the corporation in each
factory 10 confer with a committee
OF employers and discuss each point
OF disa greement-
Everyone will admit that the
present state of affairs cannot go
on" Rev Bolger declared We
must find some solution OF the labor
and capital problem, and that can
be found only in a cooperative sys-
tenn in each factory or establish
haent where laborers are employed.
Sell to LabOrCrs.
"I believe that a certain portion
OF the stock OF each corporation
should be sold 10 the laborers so
that they may have an interest in
the business of their firm.
This system will make the wage
earners more comprehensive OF the
success Of the firm He will work
harder for. and feel within himself
that ne must make it n success.
The success of the firm will be his
success and the failure OF the firm
will be his failure
This nation cannot exist for n
long time with the present distribu-
tiOn OF wealth and property. Either
the property people must see 10 il
that the property is equally divided
among the citizens or there will
come a time when the United States
will suffer the ignominy OF Russia
and he plunged into a social revolu-
ton"
If the United States is TO have a
republican form of government it
must have republican industrial
government, Rev. Bolger declared.
He said that II might be possible to
have an Industrial autocracy with
political -autocracy, but never with
out.
No Rule.
cot course there is no mathe-
NAUTICAL rule as 20 how much Of the
proceeds or each firm shall go to
the firm and how much to labor. g"
Rev. Bolger said. hut abor will
realize that II can get no more out
of capital than il puts in and there
fore will be cont 70 with a reason
able division Of the profits"
Rev ROlger attributed the present
condition of war fare between cap
ital and labor 20 the custom of cap
ital 10 pay only what it must for
wages and the equally determined
decision OF the laborer to get what
he can out OF capital.
lie said that the working people
were insuficiently protected against
sickness. accident, invalidity. injury
and old age. He suggested that a
bonus system OF insurance or some
other such system be introduced
and that the men be protected by a
workingmen's compensation for in
jury, sickness and life insurance for
his family.
Quotes Authority.
Rev. Bolger read from a book by
an authority on the distribution of
wealth that so percent OF the wealth
OF United States was divided among
two percent OF the population, and
that the other 9S percent Of the
population held only 40 percent OF
the wealth.
He said that all Of this class an
tagonism arose from the disregard
OF the moral law of class coopera-
ton and the thirst OF all for wealth.
Following the speech OF Rev. Boil
ger. all or the members present in
dulged in a general discussion Of the