Abstract

100 Per Cent Patriotism vs. 70 Per Cent Thrift

Sweeney, Charles P. | September 7, 1921 issue

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The most adroit and subtle of all ideas for industrial stability in the United States while the rest of the world was in convulsion was the Thrift System. There was something fundamental in its appeal. If, it was argued, the workers could be induced to agree to a weekly deduction from their pay envelope on a contract that called for a year or two years of such deductions and terminated by making them one hundred, two hundred, or five hundred dollars richer, they would be loath to join the unruly mob of trade unionists who are always threatening to tie up the plant and impoverish the stockholders.

See Also:

SAVING & investment; PAYROLL deductions; EMPLOYEES; LABOR unions; CAPITALISTS & financiers; UNITED States
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