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The disposal of the land, as a profit-sharing enterprise, formed a business undertaking which concerned all the States. It could be managed only by the combined powers.
The small, strongly entrenched ruling circle were tenacious sticklers for traditions as interpreted by themselves. Underneath their great pride as Moses' successors, the favored custodians of the nation's most sacred treasures, was a passionate love for gold. The temple service was secretly organized on the profit-sharing plan, with the larger share, as usual, for the organizers.
But Mamie Magen was a socialist who believed that the capitalists with their profit-sharing and search for improved methods of production were as sincere in desiring the scientific era as were the most burning socialists; who loved and understood the most oratorical of the young socialists with their hair in their eyes, but also loved and understood the clean little college boys who came into business with a desire to make it not a war, but a crusade.
Some of the shipowners of New England had enjoyed some experience of the profits of this peculiar industry in the Seven Years' War, when quite a number of colonial privateers harried the French on the seas, and accordingly the response was prompt. In enterprises of this character the system of profit-sharing, already noted in connection with whaling, obtained.
His system of profit-sharing must be the starting-point for a world-fight between Labor and Capital! Two days later Pelle and the librarian went to Frederiksberg Street to look at a business that was to be disposed of. It was a small matter of half a score of workmen, with an electrical workshop in the basement and a shop above.
His name was on the tongue of every man who took in a newspaper, and of thousands to whom the news of his revolutionary profit-sharing or minimum-wage plan was carried by word of mouth. It was the matter of wages that excited everyone. In those first hours they skipped the details of the plan, those details which had taken months of labor and thought to devise.
"I see," said Anna-Felicitas, who saw as little as before, but knew of old that Anna-Rose grew irascible when pressed. "See here now," said Mr. Twist weightily, "if that isn't an idea. Only you've got hold of the wrong word. The word you want is profit-sharing.
That's all there is to it!" "What do you think of profit-sharing?" Carol ventured. Mr. Elder thundered his answer, while the others nodded, solemnly and in tune, like a shop-window of flexible toys, comic mandarins and judges and ducks and clowns, set quivering by a breeze from the open door: "All this profit-sharing and welfare work and insurance and old-age pension is simply poppycock.
Workmen are paid for work. Having these facts in hand we announced and put into operation in January, 1914, a kind of profit-sharing plan in which the minimum wage for any class of work and under certain conditions was five dollars a day. At the same time we reduced the working day to eight hours it had been nine and the week to forty-eight hours. This was entirely a voluntary act.
Coöperation and profit-sharing are probably the key to the solution of the labor problem. Many industrial leaders in various lines, notably Mr. Henry Ford in his automobile factories in Detroit, have come to the conclusion that coöperation, or some kind of profit-sharing by the rank and file of the workers, is of mutual benefit to employer and laborer.
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