Publisher's Synopsis
This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1909 edition. Excerpt: ... chapter xii does it payp The preceding chapters tell the story of the various forms of industrial betterment undertaken by industrialists employing all the way from 5 up to 210.000 Lktsonh. At this point I desire to supplement the working cxpcrience in factory, mill and workshop by the testimony of typical industrialists stating their attitude toward industrial betterment. This study shows that in nny great movement extending over a territory so vast as the United States, and dealing with such a complexity of nationalities, hK-al conditions and kt soual prejudices of both capital and labor, the failures have been comparatively few; it tells the story of the way in which the various forms of mutuality have lessened the elemental friction between the employer and the employed. The fact that employers of upwards of one and a half million people who have come within the scope of this study are carrying on some form of betterment, is an evidence that they are not throwing their money away; in other words, they consider it good business. Apart from the mere commercial, there are other motives characterizing the industrial relations of to-day. As Carroll D. Wright observes: "The rich and powerful employer, with the adjuncts of education and great business training, holds in his influence something more than the means of a subsistence for those he employs; he holds their moral well-being in his keeping, in so far as it is in his power to hold their morals, lIe is something more than a producer; he is an instrument of God for the upbuilding of the race." Regarding the practicability or desirability of a policy of industrial betterment by an industrialist, whether he employ few or many workers, I quote from the letter of a prominent industrialist...