Industrial Peace

Industrial Peace

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Excerpt from Industrial Peace: The Way to Secure Industrial Efficiency, Unity and National Prosperity

In bringing this book under the notice of the public, and particularly of Employers, it may be as well to give one or two reasons for its publication.

When interviewing Employers on the subject of Co-partnership, I have invariably met with a reluctance on their part to deviate from the beaten track, due solely to certain misgivings. It is in order to try to dissipate these doubts that this work has been published. My sincerest hopes are, that with the up-to-date evidence obtained from the Old World, and in Australia, a clearer and greater conception of all that Profit Sharing involves may be elucidated.

Special attention is directed to the article, "Are Trades Unionism and Co-partnership Incompatible?" by Dr. C. Carpenter, D.Sc.M., Inst. C.E., Chairman of the South Metropolitan Gas Company, London.

The Industrial Warfare and troublous times ahead are too serious and acute to be treated with indifference. The first and great essential is to bring Capital and Labor together. The employer is the one necessarily looked to for making the first advance. We have a huge continent to build up and develop, and this cannot be accomplished amidst incessant industrial strife. Under the Profit Sharing System strikes are rarely known, due to the fact that labor settles down contentedly when, in addition to the standard wage, it participates in profits.

Having studied the principles of Co-partnership and Profit Sharing for many years, I am prepared to afford information relative to the various successful systems now in operation, and the ones most adaptable for any particular business.

I am greatly indebted to those who have so kindly assisted in supplying data.

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