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New Ulm Review in New Ulm, Minnesota

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Articles on This Page

This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

New Ulm Review

Location

New Ulm, Minnesota, United States of America

Date

Jan 13, 1909

Page

6

Profit Sharing and the Labor Partnership Idea

The piece discusses profit sharing as advocated by President Roosevelt, Andrew Carnegie, Melville Ingalls, and others. It argues for workers and customers gaining stakes in companies, notes cautious optimism from Carnegie, and questions potential trust influence. It cites Roosevelt's message urging broader ownership and mentions railroads and steel trusts experimenting with stock ownership and pensions as steps toward a capitalist worker partnership.

James A. Edgerton President Roosevelt Andrew Carnegie Melville Ingalls Arthur James Balfour Great Britain Carnegie N. O. Nelson St. Louis United States Steel Corporation John D. Rockefeller Nelson Roosevelt Joe Cannon Congress Tamawake Carneglé Food Trust Clothing Trust Balfour Steel Trust Laird of Skibo Amerita Sir Nelson

Profit sharing and the new path for industry progress

Melville Ingalls, Big Four railroad chairman, advocates profit sharing to end strikes, arguing cooperation in profits aligns labor with production costs. The article traces European and American adoption, noting Proctor & Gamble and N. O. Nelson as early adopters and detailing Nelsons town Leclaire Illinois model and his public-spirited reforms.

Melville Ingalls Big Four Railroad Europe France England Great Britain Balfour Germany Switzerland America Proctor & Gamble Company N. O. Nelson St. Louis Nelson Joseph W. Polk Leclaire Norway Missouri Ufe

Also Mentioned on This Page

King Cactus Oil Olney & McDaid Mtrs Clinton Iowa THE Pioneer Drug Company Wew Ulm Minnesota Minneapolis & St.Louis New Ula Minn St Pax Minneapolis Chicago St Louis Peoria Kansas City Omaha Des Moines Twin City Pass Sun Storm Lake Pass Rao J. W. Bez Agend. A. B. Cults T. A. Minneapolis Mina J. B. ForsyTer North Westera Driartune X. Sun Hewline Nord St Sunt Sleepy Bye Marshall Minneapolis Redfield Hurous Stfp New Ulm C. Jonson Ger Winona Washington, D. Cy Department of Agriculture J. H. Forster Arker Bai Shighester Chemical CO Madison Place Philadelphia Thandustrisland Orphans Macon Kifsey Tcat O. M. Olsen Real Equal Partners Iabor Toreseua Jecline Roresae E Shearer N. Henningse Insurance Agency Ees Sus Daniel Webster Eagle Roller Mill Co Washington Angelina New Ulm Roller Mill Co Burdick Cash Registers Brown County Bank Burdick New Ulm Hardware Co N. Mina, St ULM
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