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Albert John County at 19 got a job as clerk with the Pennsylvania Railroad Co. He soon knew more about its history than any other employe and "Ask County" became a Pennsylvania byword. In 1920 the hardworking, good-natured Irishman was elected a director of the road. For the past...

Author: /time Magazine | Title: CARRIERS: Ex-Clerks | 12/12/1938 | See Source »

When this fighting phrase was flashed across the land, Mr. Williams expostulated that by "class warfare" he means such accomplished facts as collective bargaining, "the clash of employe and employer, the clash of one industrial group against another. . . . There are other forms than class warfare of solving these problems, but...

Author: /time Magazine | Title: RELIEF: New Targets | 12/5/1938 | See Source »

Surprising fact is, the vast majority of profit-sharing plans have been suggested by owners and managers, not by employes. Every labor leader since Samuel Gompers has been flat-footedly opposed to profit-sharing except under special circumstances. Management generally thinks of it from one of four angles-promotion of...

Author: /time Magazine | Title: THE GOVERNMENT: To Share or Not to Share? | 12/5/1938 | See Source »

Fitting themselves into this jigsaw puzzle of conflicting theories has led the sponsors of profit-sharing into dozens of applications: cash bonus plans, stock purchase plans, semi-retirement plans, etc. Procter & Gamble's is the best known in the U. S., with 50 years of success behind it. Its...

Author: /time Magazine | Title: THE GOVERNMENT: To Share or Not to Share? | 12/5/1938 | See Source »

Genial General Robert E. Wood explained Sears, Roebuck & Co.'s similar plan. Its employe fund now holds $42,600,000 worth of securities, all Sears, Roebuck stock, making the employe fund the largest single interest in the company.

Author: /time Magazine | Title: THE GOVERNMENT: To Share or Not to Share? | 12/5/1938 | See Source »

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