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We had long since abandoned as trivial all my various profit-sharing schemes, and, with the exception of carrying on our pay-rolls many of the attendants attached to the police and other criminal courts, had practically no "runners." We did not need any.
She blindly adopted from Mamie Magen a half-comprehended faith in a Fabian socialism, a socializing that would crawl slowly through practical education and the preaching of kinship, through profit-sharing and old-age pensions, through scientific mosquito-slaying and cancer-curing and food reform and the abolition of anarchistic business competition, to a goal of tolerable and beautiful life.
When he slept he dreamed of his system of profit-sharing, and then it was a fact. He stood working in a bright room among comrades; there was no master and no servant, the machinery whirred, and the workmen sang and whistled while they minded it. Their hours of labor were short, and they all had happy homes waiting for them. It was hard to wake up and know the reality.
It was the necessary condition for the development of capitalist production, and will perish with it, in spite of the attempt to disguise it as "profit-sharing." The common possession of the instruments of labour must necessarily bring with it the enjoyment in common of the fruits of common labour.
From that time to the present the history of Tammany Hall is a tale of victories, followed by occasional disclosures of corruption and favoritism; of quarrels with governors and presidents; of party fights between "up-state" and "city"; of skulking when its sachems were unwelcome in the White House; of periodical displays of patriotism for cloaking its grosser crimes; of perennial charities for fastening itself more firmly on the poorer populace which has always been the source of its power; of colossal municipal enterprise for profit-sharing; and of a continuous political efficiency due to sagacious leadership, a remarkable adaptability to the necessities of the hour, and a patience that outlasts every "reform."
His doctor loved him and helped him; a venerable Archdeacon, an Oxford graduate, gave him many hours of coaching, and he went to the University with three scholarships. These were sufficient to carry him through in three years, and there was enough profit-sharing from the drug-business he had founded on terms to shelter his mother and his younger brothers, while he took honours at the University.
It does not necessarily involve profit-sharing, but it does involve a human approach to the problems on both sides and a mutual effort at betterment. It is the organization of such contact between employer and employees which distinguishes this advance from the previous drift in large industry.
Such boards are given power to fix minimum rates of wages both for time and piece work, which thereafter must be observed under penalty. There is further a machinery for the establishment of district trade committees. Co-operation and profit-sharing, the great hope of the middle years of the nineteenth century, has made little progress in England or the United States since.
He thought there might be something in co-operation, in profit-sharing, in some more permanent relationship between the business and the employee. "There isn't," said the employer compactly. "It's just the malice of being inferior against the man in control. It's just the spirit of insubordination and boredom with duty. This trouble's as old as the Devil."
Many Liberals are, however, asking whether this is sufficient and whether it is not possible for the State to intervene to alter the distribution of the product of industry in favour of the wage-earner. In particular, they are wondering whether it is possible to secure the universal application of some system of profit-sharing.
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