The stock market crash - and after

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Monograph

Identifikator:: 1815583320

URN:: urn:nbn:de:zbw-retromon-204544

Document type:: Monograph

Author:: Fisher, Irving http://d-nb.info/gnd/118533541

Title:: The stock market crash - and after

Place of publication:: New York

Publisher:: Macmillan

Year of publication:: 1930

Scope:: XXVI, 286 S.; graph. Darst

Digitisation:: 2022

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Chapter X. Labor's Coöperative Policy

Collection:: Economics Books

Labor's Codperative Policy 163 and fail to get the co6peration of its men in getting the most out of the improvements.” Otto S. Beyer, Jr., consulting engineer for the unions in the conduct of this experiment, has given these figures to show how the so-called “B & O Plan” of employee relationship worked out for better rail- roading: “Up to the Fall of 1928, on this road, employees had offered 21,900 suggestions for betterment. Of these, 18,551 were adopted and are in practice. Of the remaining number, 1,145 were still under con- sideration. “Some 326 suggestions were classified to see who benefits from them. Of this number, 168, or 51.5 per cent, were of primary benefit to management, 51, or 15.7 per cent, were of primary benefit to em- ployees, while 107, or 32.8 per cent, were of equal benefit to both employer and employee.” Charles I. Neill, formerly United States Commis- sioner of Labor, says that the spirit of the plan is as vital and as “revolutionary as the spirit under- lying the League of Nations.” President Green has said that “no development in industrial relations has attracted greater attention, here or abroad, than union-management codperation initiated on the Baltimore & Ohio Railroad.” In March of 1923 the agreement went into effect. It is now in force not only in the Baltimore & Ohio shops, but in those of the Canadian National Railways, Chicago & Northwestern, and of the Chicago, Mil-

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