208 INDUSTRIAL REVOLUTION AND WAGES

management cooperation in this establishment affords one
of the best object lessons of the possibilities for constructive
 achievement by the organized labor movement.

THE ErocH-MAKING SIGNIFICANCE OF THE
MiITTEN-MAHON AGREEMENT

Other outstanding systems of cooperation between management
 and employees, which have been developed on a
non-union or a partially unionized basis, are identified with
the Columbia Conserve Company of Indianapolis, the
Dutchess Bleacheries, New York, the Dennison Manufacturing
 Company, Massachusetts, and the Mitten Plan of
the Philadelphia Rapid Transit Company. The latter plan
is the most comprehensive and democratic arrangement for
industrial stabilization and cooperation which has thus far
been worked out. It has had about seventeen years of successful
 experience behind it, having been first inaugurated
in 1911 by guaranteeing to employees a designated share of
gross operating revenues for wages, thus assuring higher
rates of compensation as the business of the company expanded.
 From this beginning the present comprehensive
plan was gradually and successfully evolved. Its main
features may be briefly stated as follows:
Independent system of collective bargaining for employees.

Establishment of adequate wage standards before
returns are made to capital.
Maintenance of purchasing power of established
wage-scale by having rates automatically adjusted at
regular periods according to the fluctuations in living
costs.
Granting to employees, over and above the regular
wage scale, of a share in net revenue gains resulting

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