The Mena weekly star., 1920-01-15
PLUM PLAN FOR
 ALL INDUSTRY
Author of Tripartite Control Outlines Ideas of How He Would Conduct Affairs in United States--Has
 Approval of R. K. Brotherhcods.

Washington. Jan. IA Plumb plan fer ali American industry, modelled after the plan of the same name for the railroads, has been prepared and Is expected to be publicly announced soon. Copies Of the plan. captioned "an industrial program by Glenn E. Plumb" are being circulated here and some of them have been received in government circles
 Briefly, the plan proposes for alt American industry the system of tri- partite railroad control advanced some time ago with the backing of the great brotherhoods, and which it has been announced would be made an issue at the elections. It proposes practically the same division of re- presentation for capital, labor and the public.
 Industry is classed into four divis- ions in this way:
 |. Those ''individualistic in owner ship and operation, including the farmer and the small artisan, contrac- tor and manufacturer, who is both capitalist laborer and consumer"
 7. All industries formerly indiv- idualistic, but which thru organiza- tion have so developed that ownership is separated rom labor and concerns itself only in direction and supervision of production, in which 1t engages tho efforts of others who have no share in ownership
 3. Industries based upon grant from society in the shape of a Iran chise, grant Of privilege or monopoly"
 In this division are included all pub lie service corporations except those engaged in interstate commerce and all industries engaged in exploiting natural resources These latter are described as including mines. gas. and water power.
 4 Railroads and commercial trans portation facilities. The plan explains that these are considered separately from the public service facilities en- braced in the third division because the former are under local control, created by local authorities and sub ject to local regulation"
 The fundamental interests ill industries, the Plumb plan declares, '-is the need of society for the pro ducts Of that industry or the service which 1t renders, that calls the indus try into being. In the first two classes where society has made no grant the free working of the law of supply and demand protects the public interests
 Public interest" is defined in the plan as follows:
 Tt is the right of the public to ob- tain better. cheaper, or more products or service as the progress of the arts permits the making of more or better goods or service at lower cost of pro duction. The constitution denies the power Of the public so to exercise it's power of regulation as to deprive the owner of the property of his invest mont. actually, honestly and prudent iy made, or of fair return on such Investment. If society pays more than this amount which the owner retains as q profit, society pays more than thIs amount which the owner retains as q profit. society pays more than 1t lawfully is required 70 pay and the owner receives more than he Is law fully entitled to receive
 s'This.~ says the Plumb plan, in
 
 society in the exercise Of this public regulation and the agent it has orea- ted for it's service and results in SUD- plying iuxuries and procuring greater revenues for those who benefit in these exactions
 Under the heading rights of labor" the plan declares that the measure of what a workman shall receive, de pends entirely upon the amount in ser vice which he renders He is entitled to receive an equivalent amount in value of the services of others. The wage system disregards this human right
 In conclusion the resume declares ''the existing industrial system is crashing around our ears, that wages bear no relation to the value of ser vices rendered and that profits are wrongfully exacted.'