. American engineer and railroad journal . ess. When, therefore, asmall body of men who still maintain their faith in the possi-bility of co-operative production, and undertake to show whatmeasure of success they have met with, their report is at leasta very interesting one to all who hope for an improvement inthe relations of employers and employed, and in the conditionof both. In a statement issued by the Labor Association, co-partner-ship is explained to be the equal partnership of labor withcapital, the system under which, in the first place, a substan-tial and known share of the profit of
. American engineer and railroad journal . ess. When, therefore, asmall body of men who still maintain their faith in the possi-bility of co-operative production, and undertake to show whatmeasure of success they have met with, their report is at leasta very interesting one to all who hope for an improvement inthe relations of employers and employed, and in the conditionof both. In a statement issued by the Labor Association, co-partner-ship is explained to be the equal partnership of labor withcapital, the system under which, in the first place, a substan-tial and known share of the profit of a business belongs to theworkers in it, not by right of any shares they may hold, orany other title, but simply by the right of the labor they havecontributed to make the profit; and, in the second place, Vol. LXIX, No. 10.] AND RAILROAD JOURNAL. 457 every worker is at liberty to invest his profit or any other sav-ings in shares of the society or company, and so become amember entitled to vote on the affairs of the body whichemploys Fig. 34.—VIEW OF A COMPLETE ELECTRICAL INSTALLATION. This system is carried out by the societies which exhibitedthe products at the Crystal Palace, and by the other societiesin affiliation with the Association, numbering in all 120. Someidea of the growth of the movement may be gathered from
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Keywords: ., bookcentury1800, bookdecade1890, booksubjectrailroadengineering
