The Arizona copper camp., 1920-04-17

placed in the county Jail to await
trial for violation of the law
BY way of experiment for the first
year of the corporation, it was agreed
that after per cent upon the $15,-
100000 preferred and 10 per cent or
SIS share upon the $14,00000O COM
mon stock, the corporation should di-
vide with the employees $3.50. In
other words, one-half the surplus
should be Immediately paid out to the
men, women and youths of hand la
Dor, not as a dividend on salaries, not
according to rank, but to every work
man who. had labored his full u
months, his unit part in that division
all on the same level; office boy
and superintendent.
Fifteen Years in Truth Seeking
This was a new one. 1t was un-
like any other division ever proposed
For fifteen years great labor employ
ing organizations have labored over
profit-sharing only to he disappointed
in the result year after year Bonuses
were complained of as withheld
wages; they were appropriated and
spent before they were earned and
delivered; they did not promote eff
cheney or economy. The Proctor &
Gamble Co. found out, after many
years of experiment, that only by
thrift, savings and the invitation of
that savings into partnership was
there proper response in profit-shar-
ing.
Patterson of the National Cash Reg
lister company set up the photograph
and the phonOgraph, the moving pic
ture and the social uplift and now di-
vides with his employees $3.50. But
his great point is education; to i'm
any quarter of the world, to his fell
low workmen to share with them not
only the profits, but in intelligence
and knowledge. His reliance is in
mutual education and mutual enlight-
ment.
Some PuzzIing Figures
But Fndicott Johnson & Co. started
something new and it is too early to
predict the final outcome. The ex-
pertinent is year old and the result
has puzzled every business man. He
has seen the figures of Endicott John
sons earnings and in general misap-
piled them. The first comments were:
"The earnings are too large. The
price of shoes ought to come down" 2"
But these large earnings are not the
earnings of the capital or the earnings
of the plant only; the earnings of
Endicott Or of Johnson; or of Endi-
colt Johnson & Co. They are in effect
the savings Of the employees.
The Solution
1t is not proper to give away the
family secrets of the business, but the
lesson can be deduced by anyone who
will think on this question:
What is the stimulus to efficiency,
economy, good workmanship and in
creased output when every hand that
turns a machine gets one-half of the
surplus resclting from that increased
production, economy and efficiency
and gets it pro rata per count of hand;
in other words, when every pair of
hands gets one-half of what it pro-
duces from that machine or plant and
the machine gets only the other half
after both have drawn their daily
wage?
Something Above Money or Success
Henry B. Endicott gave the last of
his life to the service of his country
as head of the Massachusetts state
defense. He made his last earthly
will and testament a few months ago
and passed Into the next room" only
a few weeks ago, and before the finan.
cial results from 1919 in the Endicott
Johnson accounts had been footed up.
But it is just possible he did more
than to amass a ten million dollar
fortune; or head the national defense
for his state, or win the gratitude OF
both labor and capital in more than
| 250 Ia h0r arhitra fjonC He NAV have