Word: eisenschiml
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...OTTO EISENSCHIML Chicago...
...TIME'S reporter was among those who actually heard kindly, philogynous Vegetable-Oil Processor Eisenschiml speak. The recollections of speaker and hearer appear to have dis agreed in details...
...dining room of a West Side bungalow in Chicago one day last week, nine chattering girls sat down to breakfast with a fleshy, fatherly, balding man whose eyes twinkled with self-satisfaction. The cottage was their office, the man their boss. For them President Otto E. Eisenschiml of Scientific Oil Compounding Co. (processors and distributors of vegetable oils) had just bought a tank car of linseed oil-theirs to resell when they like. He gets back his purchase price and stands the losses, if any. They get the profits...
...fatuous sugar-daddy is O. E. Eisenschiml. Philosopher and humane eccentric, he is also a successful businessman. Born in Vienna, he emigrated to the U. S. in 1901, worked for six months cleaning toilets in a Pittsburgh steel mill, eventually became chief chemist of American Linseed Co. at $15,000 a year (twice the salary of his boss). In 1912 he left to manage his own company. With but $75 in capital he planked a boiler directly on the Indiana-Illinois State line, could say he was manufacturing in the other State if anyone asked for his license...
This narrow margin of profit interferes little with President Eisenschiml's munificent obsession. Says he: "I expect the men to be treated as gentlemen and the women as ladies." But he favors the ladies. Running a commercial matriarchy, he employs only women executives (exception: his son). The other men ("Every man I have ever hired tried to double-cross me") are plant operators. Scientific's nine ladies make most of their own decisions, are paid up to $125 a week, receiving whopping gifts during illnesses, whopping bonuses fair weather or foul (one $27.50-a-week girl executive paid...