The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1920-01-10
NEW RADICAL
PLAN PROPOSED
Communists Have Proposal to
stPlumb Plan" Ali Branch
es of Industry

Washington, Jan. (By the Asso-
i ciated Press).-A Plumb plan for all
American industry modelled after the
| plan Of the same name for the rail
roads, has been prepared and is eX-
pected to be publicly announced soon.
Copies of the plan, captioned AN
1 Industrial Program by Glenn E.
Plumb" are being circulated in Wash +,
1 ington and some OF them have come
into the hands OF government Off
Gals
Briefly the plan proposes for all
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. 1t
proposes practically the same division
Of representation for capital, labor and
the public.
Industry is classed into four divis-
ions in this way:
l. Those individuahstic and owner
ship and operation including the far
mer and small artisan, contractor and
laborer and consumer.
2 All industries formerly individ-
ualistic. but which through organiZa-
ton have so developed that owner
ship is separated from labor and con-
Germs itself only in direction and su-
perv;sion OF production. in which 1t
engages the efforts Of others who
have no share IN ownership"
g. Industries biased upon grant
from society in the shape OF a fran
chise. grant or privilege or monop-
oily" In this division are included all
public service corporations except
those engaged in interstate commerce
and all industries engaged IN eX-
plotting ratura! resources. These lat
ter are described as including mines,
gas and water power.
4. Railroads and commercial trans
porta ton 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 interest in these
! industries the Plumb plan declares lis
!! the reed of soc:4ty for the products
Of that industry or the service which
| it renders, that calls the industry into
/; being In the first two classes where
society has made no grant the free
working Of the law of supply and &c
mand protects the public interest.
public interest is defined in the
plan as follows:
1T is the right of the public to OBJ
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 a lower cost Of pro
duction The constitution denies the
power OF the public so TO exercise It's
/ power or regulation as to deprive the
owner Of the property of his invest
mcnt actually. honestly and prudent
II made. or of "a fair return on such
! investment. If society pays more than
this amount which the owner retains
as q profit society pays more than
it lawfully is required 20 pay and the
owner receives more than be is law
fully entitled 10 receive.
This says ih" Plumb plan. IN
troduced perpetual conflict between
society in The exercise OF this public
regulation and the agent it has Gre
ated for its service" and results IN
supplying luxuries and procuring
greater revenues for those who benc~
it in these eyactions.
Under the heading Rights of La
Dor the plan declares that the
measure Of what workman shall re-
ceive depends entirely upon the
amount IN value of service which nc
renders. He is entitled to receive an
equivalent amount in value Of the
services Of others The wagc system
Gisregards this human right
In its conclusion tho resume &c
,lareS the existing: industrial system
is crashing around our ears that
wages bear no relation to the value
of services rendered and that profits
are wconguflly eEacted