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This reveals some of the difficulties of the plan when applied to a business not homogeneous.

Pomeroy Brothers, Manufacturing Chemists, of Newark, N. J., divided profits for two or three years previous to the recent business depression. Workmen who had been with the firm for more than six months and less than two years did or did not share in the dividend as the employers might decide; those who had been with the firm for more than two years shared in proportion to their wages. The readoption of the plan depends upon the attitude of new members of the corporation as well as a revival of business. The position of the president of the company is unequivocal. He writes:

The Golden Pressed and Fire Brick Company, of Denver, Col, adopted the plan in 1891. After paying 5 per cent, on the capital stock of the company, no salaries allowed for superintendence, half of the profits were to go to stockholders and half to the employés, including all in the employ of the company for the previous six months. The basis of the division was the ratio