The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1919-10-18

vansases ~ this msshcd ~ pnons Mar.
Ing
flrst u n real. n n genuine Thc
organization as whele. and ~u'h in.
, 6lviduni W H. has ,Annlts gahl ~
she years work. rtww know Al the
hrrlnning ~ year how much money
must be earned te cover what we will
and fyrd charges they knnw that
they arr hcins pair salaries a. earn
those tiNcd charges they know thMt
They share IN Ali the profits over and
above those nxed charres. aud they
know The oasis an which they share.
aud that the anmunt ~ wush ryrnls
larweiy depends an thA lnslivs4inal nui
collective effort nf zach individual "
she oFganlKstlou This ~ itself " ~
great practical value 10 the business
from Aollai>and.cs standpoint.
ScwnaA Having rmehed the goat
set. the lnonry over and above the sal-
aries they arv paid IN ether words.
their prints ARE Invested In the h.tsl.
ness Ia which thay arr engaged and
% which their Wide time auh ttuuaht
and enNrgy rtnnh ~ rentsfra
Profit shnring nn The hasln ! favor
Il sometimes objected To hy mea or
couresns who 30 nat wish 10 leg even
tlrr own employees Know how liitle
or how much MONEY etey are tatAlug
each year II they are not making
rnouga money aud the hnsinesS II rtn.
nlnG Oh close margin earh year,
thea hy an mrans they should va
their situation befarv their npAn.
adop, snch profit sharing plan aN !
have outlined, aud ret the genuine 20
operation os every man towards m
crruslng the profits una puttlng the
hnslnhAS III prosperous condition.
The man who Is runnlng on y 9Anil
margin and making lli'ie profit may
nhleet Ia maklug his business AFFAIRS
putile property, on the grnVut ahai he
would be putting a weapon IN lhe hands
~ his competitors. Suvh a mans btsi
protection against his competitors " a
layai closely knlt Organization 81 llc
highest efficiency, aud Tits nnpargars
advantage NO can unly Secure through
hona ade profis sharing plan
As cor The. nan Who ~ making 20
much lauAey ihnt he n afraid ta let even
his own employees Snuw how muvh
he IA making, to that man ! say that
hc Is il nam who. mare than any other.
Is responsible for ihe serious differ
ences today existing between capital
ANA labor, fur Win the growing intet
l.cnea az the masses. how can hc vN-
pect such situation 90 cantlnuef
As for the man who Is making large
profits hut who objects 20 profit sharing
on Tie ground that be wants 10 put
those profits away against the dsy
When business may be poar. 10 such
man. ! say that ha had better use
some of shose profits % more deeply III.
tereai hls men hi his business. ANA d~
llils "a sneh IA extent that II the dart
duys eomo he cun he pretty certain
that Ills men viii stand hy the bust
ness IN a way that capital alune never
cnn.
Ireht ahsrlne on the haAls favor IL
also sometimes objected 10 nv eoncerns
whose securities ara closely held There
arc many ways ~ ahVistu this siifsarulty,
Some concerns rsn increase their capital,
others that CANNED ur that cannot 10 10
for - ilme, can apyla,e tho csHsrnity by
issuing certificates of participation that
VIII dfRw The rAhse percentage 81 pfont
an the regular kacufitiNs of the business
ln other warda whrfN there IN Il genuine
desire ~ share profits wAy o.n Aiwsys
ts found.