HENRY FORD'S WAY.

Stratford Evening Post, Volume XXV, Issue 71, 26 March 1915, Page 4

HENRY FORD'S WAY.

Henry Ford, the Detroit automobile manufacturer who became suddenly famous a few mouths ago because of his profit-sharing plan, told the Industrial Relations Commission the other day that he would be able to make a good, industrious man of every convict in Sing Sing Prison by putting him to work in his factory. In Mr Ford's factory, a New York correspondent states, not only is the minimum daily wage five dollars, even for office boys, and the working day eight hours, but every worker is entitled to a share in the profits besides his regular wages, which are about IS per! cent, above the market rate. The factory employs a corps of forty men whoso solo duty is to try and improve the moral character and the home conditions of the workers ajid to teach America;) ways, the English language, and the duties of citizenship to the unsophisticated foreign employees. Mr Ford testified before the commission that on a capital of 2,000,000 dollars his company, which has only eight shareholders, made a profit of 25,000,000 dollars last year. Ho testified that under the new profit-sharing plan the bank accounts of the employees showed an increase in the first six months of 130 per cent. ; life insurance, 80 per cent.; value of homes owned outright, 86 per cent. ; and 800 families changed their residences from poor and squalid to healthy and sanitary quarters.