To the triennial convention of the Brotherhood of Locomotive Engineers in Cleveland, President William B. Prenter presented a financial proposal from Mitten Management, Inc. This corporation, headed by Thomas Eugene Mitten and his son Dr. A. A. Mitten, has been remarkably successful in operating street cars, motor busses, taxicabs and a bank in Philadelphia, also a street car line in Buffalo. Their plan has been to permit employes to share in the management, investments and profits of their enterprises.
Their offer to the B. of L. E. was to take over the management of eleven banks and seven investment companies which the...