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The Nelson company has founded a workmen's town, supports schools and kindergartens, libraries, places of amusement, assists a cooperative store, and in various other ways evinces its extraordinary interest in the welfare of its employes. It is not claimed by the company that there is no lessening of its profits, though it repudiates any philanthropic basis for its action. However, it must be admitted that a higher standard of justice here prevails than any one can expect to become immediately prevalent in the business world.

The Rice and Griffen Manufacturing Company, of Worcester, Mass., employ 115 hands in the manufacture of mouldings, sashes and blinds. In 1887 a plan of profit sharing was introduced which is still continued. Interest at 6 per cent, is reserved, and the net profits are divided equally between the employers and those employés who have worked in the company's shops for six months. The bonus has amounted to 4 per cent, on wages some years, though for several of the past years there have been no profits to divide. The firm is of the opinion that the division has not lessened the profits of the firm.

The Procter and Gamble firm, one of the oldest and best known manufacturers of soaps in the United States, located at Ivorydale, a small suburb of Cincinnati, Ohio, have practiced profit sharing since 1887. They employ about 500 laborers,