In the great Endicott-Johnson shoe factories near Binghamton, N. Y., many an employe of late has glowered over his work, has grumbled in locker rooms. About a fourth of the employes felt that they were not getting sufficient bonus. Too little of the company's profits were going to the workers. The other three-fourths, contented, mocked at the grumblers.
Irked, irate, President George P. Johnson last week gave the disaffected employes a thoroughgoing reprimand: "The profit sharing is not necessarily a permanent plan. . . . To those that are dissatisfied with the results...