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Rh the sum of $1200 among the workmen not on salary. The division of this bonus was upon the basis of merit. The company write: "We have not been able, owing to the hard times, to give the profit sharing scheme any satisfactory test."

The Williamsport (Pa.) Iron and Nail Company, tried profit sharing for the year 1894, but owing to the condition of the trade the plan was abandoned. Ten per cent, of the net profits were to be distributed among the men in the proportion which each man's wages bore to the pay roll. "Our abandonment has only been temporary. Of course a crude effort for but one year would determine nothing, because the employes had to be educated to a standard which will make them fit instruments in working out at least one-half of this question. Even our brief experience made better workmen of our men."

Ginn and Company Publishers, of Boston, Mass., introduced a plan of profit sharing in 1891, which included all the publishing and office force, together with the agents in the field. The one distribution amounted to more than 6 per cent, on wages. The firm reports: