The evening world. Newspaper, November 18, 1919, Page 24

tnt TUESDAY, NOVEMBER 18, 19 atl TUESDAY, NOVEMBER 18, 191 Dennison Co. Employees | (VOY The Hat-Check Boys Get fs artnership Stock The Hat Yeggs Even Collect a Tip on the Brown Derby—Twenty Years Ago, When a Lid Was. Earning 9 ‘2% Interest! The Bose Pays the a Stockholders’ Dividends, ¢3 Worth Two Iron Men, You Could Hang It on @ ° ° Rack and It’d Be There When the Meal Was. Set Raper Névoliy) Conigeng Concerted AB Common' Then Shares Surplus Profits With His Men} occr; that was Betore « Hote! Was Headquar. Na Stock Into First Preferred Stock in 1911; After | any = en re ps ters for Grand and Petty Larceny. : Fair Dividends on This Stock Are Paid, Excess) a tae gee lad oe eee : © FILL THE BASKET By Neal R. O Profits Are Invested in Business and Against PERT ann ea 2 Hata I ; These Profits Is Issued Industrial Partnership) gh St a Bepiting Og fore Wrenn Wee, Stock; This Is Distributed to Those Employees Who Made the Excess Profits Possible; in March, 1919, There Were 320 Holders of Indus- trial Parinership Stock Owning 152,896 Shares. The Evening World to-day prints the tenth article of a series deat- dng with profit sharing and co-operative plans of dig companies of the country which are working on the problem of industrial unrest. The H got plenty of hat boys, Crop of chapeau checkers is* an success. Hotel rooms may be filled to the roof, but thore’s @ plage to hang your hat—right at the restaurant entrance. The lid {# never on for the fedora pirates. Real derby race ts the hathoys’ dive for your kelly, Bandit business is the only one where they igure customers at so much a head. : If the waiter took your order like the hat boy takes your hat, yoe'a never bleat about the hotel service. You lose your hat to the check gny OTELS are short of sugar, coal and booze this fall, but rat Vie \ Ike you Jost an election bet. Hat bandit always plays a sure thing | erence pty Coe w fin Salat * stag pg be of The ~" @ rarely loses. He may lose your lid, but he never misses a tip. Comald~ ' Evening World, after a thorough investigation, The experiments are ered bad form to ignore the check boy. Poor little feller has a family | 1 wholly different in scope and application and should prove of interest and six cylinders to support. Also a chauffeur. It’s wrong to cheat him. ’ to all employers and employees. The Bvening World believes that there a \ Hat boy gets every one that enters the restaurant. You can : are many employers of labor whose methods of sharing profits with \ G@ if Ps 2 * LaBom And CAPITA even give him the brown derby and he'll collect a tip om it whem | : their bhatt not generally known, Phe paper would like to hear WORM: FOR EACH OTHER he gives it back. He takes anything the human being wears on 2 from these employers. his head, and also umbrellas, “Heads I win” was invented by the * By Martin Green CAPITAL RECOGNILES THE UNIONS (Special to The Evening World from a Staff Correspondent.) ‘Copyright, 1919, uy The Press Publishing Co, (The New York ‘Brening World), Sew i IRAMINGHAM, Mass, Nov, 18.—Jn @ great many profit sharing plans the object is to apply all the benefits to the so-called “muscle” end of productfon—to distribute profits to the people who work among the ».. @ Wachinery or in the factory yards, drive the/trucks, and so on. The office forces and salesmen are usually debarred from participation in the profits i i of the business, on the theory, perhaps, that their functions are not a pert 5 » - of actual productibn of salable material. ¥ °°"... The plant of the Dennison Manufacturing Company in this town, manu- ** sicturer of paper tags and all sorts : _of paper novelties, is an exception.| earned by the company in exo Hi 1 $2 Year’ + Ville great institution, with 2,500 em-| of normal returns t it , i witk THI ployees and a world-wide market, he. , FIRM * Hikning out, probably, a more diver- ~~ eified quantity of goods, with paper as @ base, than any concern tn ex- hat boy. 3 Sometimes it's @ hat GIRL. But entering a restaurant's the only e; it makes no difference whether it's a boy or a girl. Checking your bmé never a sex problem. ‘Outside of the family circle, it makes no dif? wheter it's a he or a she that dents your bankroll. Girl may say “thank yop” better than a male imp, | it wheh that’s over you've got the same old Hd r your hand, Girl pirates will never be a real improvement till kissing takes the place of tipping. : Hat boy hold-up is a new custom. Twenty years ago, when a lid was worth $2, you could hang it on a rack and it'd be there when the meal.way over. That was before a hotel was headquarters for grand and larceny. Also before the time a hotel had fo put a $5 chain on a 10-Cemt comb, A few years later a crime wave swept over the U. 8, and Bit the hotels hard, New idea at that time was to get a room and a bath for $3. Rate proves how long ago it was. Guest went to his room-and-bath and started to clean up right away—but not in the bathtub. Guest cleaned v jt bureau. There is a clinic in ‘ " 11 to rei rofits was rejected on J fe , \eha faoteneeee te ct (renting |Up by packing $14 worttr of linen and $10 worth of towels in bis grip. So » and employing more different!" Bennison. ‘concern, which was | roral effecin witch we felt would be : : minor ailments ‘and giving advice: | Only thing the guest DIDN'T take was the bath. On the way out ed iy & . ‘Pkinds of crattamen than any other! founded in 1844, with the under+ cumulatively evil, The plan of d i ja rest room for wonten and a y $3 to the clerk and eall it even. . ¢ Tactory of ity site, Is controlied oxclu-| lying ideas that there should » [mating the men by their tith \ i se ria lunchroom. The employces | Pay $3 a 5 } Syaively bsk the white-collared employees | better means. of of | work well in many concerns, but, on ee run thelr own sick benefit fund, and! Got so the hotels lost money on every guest. Only way they cold | gomithe executives, sales managers, sen- o08s' OF ms dain return ety On Metal iche nd tie coche chanoe Hi : through the company, which is an | cot even was to install a house detective and a hat-check system. Hotel a P| agent of the Massachusetts Savin: @epartmont heads, fore- nd ba ae Noting pewer of our busingss, old tit! j Bank Insurance plan, they may take | now gets bettter than a fifty-fifty break. Guest may elude the house cop- " rem in men, and vo on. They share the prof. patente Epa: tl ly acquainted with os pout. life insuranes.:. The company, | per, but he can't get by the hat boy—not while he continues to eat. ite ae original stockholders,! the company’s affairs. The com. q through @ collector, takes their pre. i Reason the Kaiser called off his dinner in Paris was on @. fumes and them, but no de- ; Girectorate and estab- at that time had only one eo be practi call: dustions are ava Rvs Poly pay eo. | count of the hat pirates. Allies were going to get Willie i» am- lish the rate of dividend on the stock of stook—common. The fol- nd any mi ‘i velopes, The company volunteers to bush if he ever came to Paree. They were going to have a line of — they hold—purehased out of profte—| lowing quotation from a booklet eee st ce i ane. core Ge Reins of Saiplozees tn hat boys waiting for the Kais when he stepped up for that dinner. Avoording to the effort and energy! fnat'Purthershin Plow’ lenses, and rofit is amounts of from 25 cents to $3 aiweek. at boy ‘hey put into the business, tho company, explains the work- “ 7 — These savings aré collected by an em- Scheme was to have Willie check the gold Hohenzollern scalp- a STOCK GRADUALLY DRIFTED| [ns in @ general way. sales? Naturally, those whose returns ployee delegated by the company and Willie had napkinned the nuts off “The common stock was all convert. * ced bank. The savings iece before he went In. After nap! 8 7 8 OF ER ms “¥ referred stock om ig Soveler ae are based upon thelr own efforts. And and Drees are ‘arawn aon the bank his chin he'd fina his crown thissing. Hat boys would apologize a INTO HANDS OF OUTSIDERS. [a into a. first preferred si carry. on ih 8 80 the sole yoting power was vested and distributed by the company on|* ang erowmhim with something Just as good. . ae About a decade ago the then man-|!g 4 fixed cumulative dividend, witht ° ad 2. year in the industrial partnership stock- 4 h ry th | July 1 and December 1 of eac’ year. daw hon thelr way to Paria, though. Suspected the gale agement of the Dennison Manufactur- & why rt ee) OS ae viding line podipe ed of | holders, or white-collared employees. lace vo Ba rei Koh employees run al! their own rec_ Huns had a hunch o} 3, service, For those who rose more |The directors are chosen by these s 80, t sy; the secret service tipped ‘em off. Exposed the scheme to | ‘ng Company found that the busine: reations at their own expense, and | was too easy; then D of preferred stock. : amount of this stock and the rate of ‘ stockholders from their own ranka. this has been found to be the best | ie tealeavtacltd acae tly a feet and re! to Was on a basis of profit beyond the| dividend were chocen“m represent a Realy Pee x) iy In this connection it may be sald| [f except in ease of war, fire, lninn. However, the company has |°Wipe the Kaiser's lid. Kais td ly cy ons sabe 4 setaeet © ore “stage where the capital invested was| fair return on tNe capital at that time, and five years for those who were | that the original plan of distribution | calgentey, the aivider | ®iven the Dennison Associates, a jcrown. Refused to cyeck anything—ineluding the . ‘at greater risk than the normal aha fe the ene rn. It was then] earning at that time $1,800 per pecans kip jp vee re-| preferred less than 4 per eae of tii eesgen at ane uae of aa old | Christmas ner in Paris—went to a onearm lunch instead. Onearm provided thatJt There were any profits| year. mains unchanged, but the directors are jofh ul vhich has n trans- ; aa te « Business risky) If was found that the! remaining atley these dividends had | “These men were classed as whlte- {contemplating amondments which will Srervenunent y [formed into a club house, *” | joint just fitted the Kais, But the Allies can thenk the hat boys for nick stock, Which for many years had been | been fully patd, these profits should be | collared employees, and,to them the revise the basis of determining eligi- nths the voting Altogether, the Dennison plant | | ‘ng Willie's d’nner. Just like they can thank the doughboys for getting ns held largely by men whose entire tima| invested in the business and against hip stock is Joan bility to the rankes ma tliat there will k te the hold- nore sn EY pcncalty 4!'T vig breakfast bacon, Kais is now sawing his own hat racks in Holland. if their combined efforts have earned not be inconsistencies on account o erred stock. This | Atm m top to bottom; ' : : . been increased materially at intervals | °"!! industrial partnership stock, profits in Mest oeavions year, To dis- the decreased purchasing value of] © power, Newaven ee not include [8 Americanization problem to worr: Hat pirates won the war all right. Now looks like they're trying ‘by the distribution of surplus profts| CHOSE EMPLOYEES WHO . “im the form of stock dividends, was| SHOULD SHARE IN PROFITS. Bradually pissing intg the hands of Because thig industrial partne: stock had been earned by eed Nehigfs bt yin ecighd to the! the organization, not by the mere in- eompr>y. cag that might be! gestment of capital, it became neces- “Walled “outside” stockholders held] sary to determine to whom this stock “merely a pecuniary interest in a busi- Ranh be beeed, a Lormesrares, who Ress which represented to them solely | Were the re 6 com yd Apeeandlvara he ganization? An analysis e thorough {ye Machine which should produce divi-| uy to deal almost individually with “Sends at stated periods. There was! cases of mord than 2,000 employees led « sfenger that the voting power would,| us to the conclusion that profits de- * im time, be used by the stockholders | Pended almost, solely on such men as tinguish the relative profit earning dollar, The details of the change | authority to alter or amend the bapa it has an army of workers who | nay for it. Hotel guest now gets sandhagged with his own hat. Federy power of cach of the men in this class | have not been worked out. agreement, and if payment of |Know that any grievance or request | 0+ costs $10 in September represents an investment of $36 by the first it was clear that the relative salary | In March, 1919, there were 320 hold- the full cSligations to first - | will go right to the innermost circles + ital) over the taltial eee was a fair guide, and the stock is|ers of industrial partnership stock} férred is ‘again resumed voting | °f the management, and it is directed | of the year. Overhead has xo! all o 4 therefore issued to them in propor-|owning 152,896 shares, The ave control goes back to th direc: Se ora ote ey a es ee Cafe customers want protection from the checking gang Only way tion to the salary they received the | annual cash dividend paid on out-| | tor: lected by the white-col- . n any indus - b : barcheaded—and that ain't protecties ; previous year, In ita main outlines | standing stock of this class has been| flared employees. ieee a entirely overlooked when they can get protection Row is to fo fie e a! cub pis } this describes the distribution of oGr | !% per cent. If for any thirty-six months the|(n°,papital end of the plant decides | not for the scalp, anyway. If hat @hecking comes r trie, profits, a fixed, sufficient and cumula-] The division of profits is worked] dividend rate of the first. preferred |* ,*M4Fe Profits with the producing | vers are willing’ to pass.wp service stripes. tive dividend for capital and all prof- {out in this way: Averages less than 7 per cent, per |" . is its in ess of that amount ea After deductions for deprecia- annum of if in any period of four year to the men who earn those} tien, &c., provided for in the years the company gehall not have ° e Revealed Pe” nae ene constions above] AUSUME catipeaiantuet he (fale suas cumawarsyaietnae | VOugye Sypeethearts’ Charactertstics ,m, outlined, which class of stockholders} first preferred stock is entitled to’ | Preferred stockholders, there to re- Was devoted to the business and had| them issued yearly a stock which " ‘The Press Publishing Co, (The New York Bvening World.) 4 sales managers, senior salesmen, de- | would have the more selfish interest| a preferential cumulative dividend |main. And if the holders of pre- Conprtetht.: 2890, ty eae more unacayainied with the de-| partment heads, foremen and the like, | in the contaued prosperity and suc-| at the rate of 8 per cent. per ans [ferred stock should sin. Control of | Sennen ernnnnnrnnnnnnnnnnnnnnnen 1 ee haeet Sauer hearted % Simple" G ‘da and op vegh vn business for! rhe further task then remained of| cess of the business, those holding puns. without interest on any de- | the DHeinRS UnGes Fhe, ctroumstamoes Below are given the answers to the Queries concerning Bre ere conned. h a i rposes other than the good of the! providing means of speaifically desig-| stock bought with money and to ferred dividend payable quarterly. wor! # natural to assume tha i have sent specimens of their § | . _ Soe hating each year who these individu. | whom the industry is little more than| The second preferred stock: | they will apply all the profits to divi- moni ed rears suet alm wey hei mre om eee 1. B.—Intelligent. Active. Kindly.» : als were, The plan o _ 01 i dends on their own holdings id atie. ; = we The management came to the |”! The plan of having a com-|a name, or those stockholders whose | which has not been mentioned | “ends on th holdi sweethearts’ handwriting to the Character Analy: X diplomatic. — Sigaple ane Some. 1g paged mittee choose annually those who had| material prosperity rises and falls| heretofore, because it is also an | Framingham is a New England | Sons Cxtaranens je seneitive. te thane at jatever was ‘carned the right to share in the! with the flow and ebb of output and} employees’ stock issued in certain city as yet untouched by tho flood of MEN’S QUESTIONS. ! WOMEN’S QUESTIONS. | Busine ability. techs —-| contingencies which | shall de- foreign immigration which has all] £, L, F.—Fairly affectionate. Sonle-| K. B. Ma Troy—Well poised, force-| MARY 8. K.—Not jealous. Thor. scribe in brief later—is thon en- | but overwhelmed the mills and fac- sagt ' t 1. trols, | Oushly reliable, Kindly, matter of? 66 2 eH Bee ° titled to a preferent tories of this part of the country. It] What self conscious and egotistical.) ful. Unassuming, Head controls./ tact” Conservative. Not foreefel. é evl ogs in san omingo P ay Polo dat such ra ‘8 an old time Yankee community, | Maternal instinct st undeveloped.| Reliable. ‘Type that does not jump] Appears to be conscious worker. R 4 be provided in the b: t |The bearded native who exercises a] Sometimes blue. Kindly, sympa-| into either friendships or matrimony.| Constant nature, No temperament. . Mandatory over the railroad station tions kindly in-| Careful spender, Should encourage . might act in one of tho late Chartie] mete »Senerous, Qualities for good |Cautioys. Indications are y broader views, Neither vivid parsom- Hoyt's plays without putting on a| Wife. Not always punctual, terest. Type that requires bah ality or warm lover, but reliable. A been paid |make-up., When I heard him cali] MOSES R.—Ideas too confused,|handling to rouse interest. Shoul ide annually out of || "Cross track! Train for Worcester, | due to lack of education. Go to school | suggest being chcerful, entertaining the remaining net rofity 6 per |Pittefeld, Springfeld and way sta-|ang «tay at home, Learn to concen-| (but not voluble). Show interest in GOING DO WN! Copyright, 1919. ty The Press Publishing Ga, (The New York Evening Work.) cent. for the |tlons!” T expected him to wind up ‘1 purpo hares of | With “Cod save the Commonwealth of | trate. what interests him. Avoid politics DEAR PARENTS: Are you forever poking into the chfl. rat preferred stock as and when | Massachusetts.” EMANUEL M. C.—Not exactly in- | and dress well. i { pa directors may deem it ex- |/LESS THAN 100 OF 2,500 EM.-|*Piring type, but frank and honest,} MARY H. Pa aie—Insufficient dren's affairs? You don’t poke into your PLOYEES ARE FORE though careless, and pleasure loving. | spect indicates lack of concentra- EES ARE FOREIGN BORN és pl i . | specimen indicates ° neighbors’ affaira Why poke Dividends upon industrial partner- Not Jently subtle to incite jeal- | tion and some depression, ship stock—held by the white-collared| ‘Therefore it was not surprising to} Not Mmclenty su i “TILL into the affairs of your chil- dren? =, iad cimen employees—may be declared out of |learn that of the $600 employees of | UsY Not really fickle, but does not) LILLIAN 8 aioe ee pre- one-half of the net profits remaining |the Dennison plant leas than 100 are|t#ke life seriously just yet. Kind,| indicates precision, n\ : after the above deductions. Tho divi-|foreign born and only about twenty |latent maternal instinct. Indications | tentiousness. diend shall not exceed 20 per cent. in |five are unable to speak Kaglish, Thelon the whole favorablo for matri-| NETTIE T. T. Inauttielent speci- one year, a 8 above factory workers are Yankees o! 5 1 eas, pride, con~ averaged 8% per cent) t Bas }Enalich, “Scovel, Irish or Canadian | MOBY. Untidy. aceai danile a ee : qf the children went to Say Asie ail tikes ceeicns been |descent: About half are women,| HARRY D. L.—Sweet, gentle na- | ventionality, Myn—Faded pencit |} read, let THIM make itt mot the net profita remaining are ap-| Numerous unions are repree | ture Peeeent eat eee ee | Ae Poe ze hers to indicate | Tf the boy wants to eam “ ni specunen oo e - ‘ a portioned to white-collared employees ag bn he Benn phe She soog. | friends, Modest, moderately affeo- |Shyining but, kindliness, about airships, let him do tt hie rh ine Anape nok Saree of laguatrial tl Uonate, Lacks force and tempera-|" 4 yo p.—turried, nervous, rapid own way. tion for services rendered in proportion of th mental warmth, thinker. Diplomatic, affectionate, Listen, dad: Some day the to salary. Maoh employes extitied toa a * Jd. J. Ae He—Her sonny, cheerty} Somewhat careless, Not onpeany Great White Angel will come share of the profits ts oredited with| | eat ° |Rature, though not fo: ul abould | generous. Simplicity of taste. Som: and take you away. You may extra remuneration apportioned. to ing by secret ballot representa brace you up, as you are too easily | wnat lacking in candor, leave eotue life & hin pay and receives shares of in.| tive on a Works Committee. | discouraged. Normally affectionate,|“"“\ una H.W. Jersey City—Faded td nourasion, ‘Sam dustrial -partnership stock ot per] Prem th hot quite certain of herself, but indi-) | Coir “specimen merely indicates|f are you going to leave your eiiue auial be tout éncatinneael i} cations are marriage would sottle| Poti tion, children INITIATIVE? The ability to lean on themselves and not othere? listen, mother: you are training that boy for some other woman, Have you let him form the habit of righd thinking, of reasoning things u 1 Ci H i From this description of the plan the ‘* of (eg ay task of reader will understand that the white. F. Vv; I Consaryative, head con | specimen indicates disorder, Lack of out for himself? Wil SHE, your successor, rise up and call collared employees, who, the Denni- trolling. Observant. Some imagina- ty son Manufacturing Company fount to serve lion. Simple tastes. Unemotional. Tecoma ppt ny a solely with reference to its own busi- he Oo Neut. Not epontancously generous.) M pea Pye re pt ness and not setting up an industrial Th Gives as a duty, Good friend. fections, | Ww nen pl pi cp the driterion—are the real profit earnera omen Kindly, Rather tepid nature. Salue of money, should make a. good in the organization, are paid in stock is ii HENRY A. 8.—Great imagination, man, because he is capable and’ has . Ae Wy as extra remuneration for their i Takes fads. Idealistic, Not practt- | man. becauws itn @ average United States marine They lacked ei the company as adjusted to their sal-| —m p conditions, w. Changeable emotions, oh Ae gb) Nar- | is ordered to a foreign clime he usually | e Moy or aries and also receive dividends onthe| and other matters interestin timistic, sometimes almost fatalistic./ Saving, No great mentality, Nar-| J |] you blessed? I hope go, ous ts to di bit of fighting. | stock they own by virtue of such al- kers, © bef tl ‘Kindly. Rather cold. Not without| row views. No barm in him. Sewn tn tan’ a nine ray gh ‘he soak 4 ‘ab’ ier by Bs mod f a5 sticks for lube: lounent. White-coliared scapleyess in- Eammities will power, . Extremely sensitive. A. EH Rasa City little care. RO N= were literally ennui “first to service men managed to have clude salaried officers. Eauil Save SMITE. ‘suggested polo. opine thoy “shor! | ia dton But in connection with all thiethe ‘The rye siniih At Eile os une NE SO, BUREN RMR SANGRE OH