The Very Plain Truth.
A savings bank is merely an institution that gathers to
gether the comparatively small savings of individuals and
lends the aggregate upon good security. The bank pays the
individual depositor a stated percentage of interest, charg
ing the borrower of the aggregated sum a slightly higher
rate. The difference between the interest paid and the in
terest collected is the "wages" of the bank for handling your
business. A bank can invest the aggregate savings of the
many far better than the individual can invest the little
weekly or monthly savings. This is all there is to it except
the experience, the integrity and the industry of the bank.
We pay you 4 per cent interest on your saving account. We
loan the aggregated deposits on improved real estate. After
more than ten years' in business we have not yet to report
the loss of a dollar loaned or the foreclosure of a mortgage.
It will pay you to deposit your savings with us. Call on us
and let us explain in detail the advantages we offer you.
AMERICAN SAVINGS BANK
732 NORTH IlTH ST.
FOR INDUSTRIAL PEACE-
WILL MAUPIN'S WEEKLY
Named for Lincoln
Made in Lincoln
i5 K3t Wb. VSJtz
.OUR
H.O.BARBER 8c SONS
LIBERTY
V
Test of the Oven
Test of the Taste
Test of Digestion
Test of Quality
Test of Quantity
Test fTime
Measured by Every
Test it Proves Best
Demand Liberty Flour and take no other. If your grocer
does not handle it, phone us about it. -
H. O. BARBER & SON
Fair Profit Sharing Will Solve the
Problem, Says Perkins.
Much progress in his plans for bring
ing about industrial peace is expected
this year by George W. Perkins, for
merly a partner in the firm of J. P.
Morgan & Co. of New York.
"Considerable progress has already
been made along this line," said Mr.
Perkins in a recent statement, "but
the movement is still in its beginning,
and much more general adoption of
profit sharing agreement's may be
looked for. Several of the largest cor
porations in the country plan this year
to follow the lead of the United States
Steel corporation and the International
Harvester company of Chicago, which
inaugurated the profit sharing plan.
"I think that the public, generally id
coming to realize that there is no
problem confronting us which -is of
more farreaching importance to busi
ness interests than conflict of employ
ers and employees. The way to solve
that problem is to provide a means by
which employer and employees may
work together to a common purpose,
share alike in the profits of their
union and be so satisfied that strikes
and lockouts alike will be to the dis
advantage of both.
"Plans for profit sharing and pen
sions in America have been tested
from time to time, and most of them
have fallen more or less short of suc
cess. The plans which failed looked
almost always a just standard of co
operation. -Too often only the interests
and business of the employer were
safeguarded and the employee got no
just share of the benefits.
"There is no charity about a real
profit sharing system or like plan of
industrial co-operation. On the con
trary, the most successful plan for
bringing capital and labor together is
business pure and simple."
First Trust and Savings Bank
Ownedby Stockholders of First National Bank
The Bank for The Wage Earners
Interest aid at Fou r er Cent
139 South Eleventh Lincoln, Nebraska
Capital Aulixiary No. 11 to
Lincoln Typographical Union
No. 209 meets every second and
fourth Wednesdays at the
Labor Temple.
MRS. FRED W. MICKEL,
3200 U St Secy-Treas.
MONEY LOANED
on household goods, pianos, hor
ses, etc. ; long or short time, No
charge for papers. No interest
in advance. No publicity or fil
papers, We guarantee better
tetms than others make. Money
paid immediately. COLUMBIA
LOAN CO. 127 South 12th.
TO BOOST THE LABEL
Pledge Card Issued by San Francisco
Labor Council.
The energetic officials of the label
section of the San Francisco Labor
council have issued small pledge cards.
On one side is room for the name, ad
dress and occupation of the signer. On
the reverse side, accompanied by a
place for signature, are these words:
"I solemnly pledge my word of hon
or that I will at all times call for and
demand the union label, card and but
ton when making purchases and that I
will not patronize any establishment or
any one that does not handle same."
Several thousand signatures have
been willingly attached to this confes
sion of union faith. Men and women
are more apt to remember a pledge
than a good resolution. The dominat
ing thought actuating those affiliated
with the label section is to build up a
demand for union products and there
by fulfill one of the objects of the la
bor movement.
San Francisco has truly been said to
be a good card town, but lacking some
what in adherence to the plain path of
duty as here outlined.
Let us remove this reproach by con
certed action. Do just what the pledge
asks you to do and thereby strengthen
the unions here and elsewhere. Labor
Clarion.
Railroad Relief Fund.
More than two and a quarter million
dollars in benefits was distributed dur
ing the year 1910 to members of the
relief funds of the Pennsylvania rail
road system, according to a report is
sued by the company. The member
ship of the funds on Dec. 31, 1910, was
162,052, or nearly 85 per cent of the to
tal number of employees in the serv
ice. Some idea of the extent of the
work of the relief departments can be
had from the fact that during" the past
year payments to the families of mem
bers who died amounted to $839,750.87,
while $1,449,967.42 was paid to mem
bers who were unable to work.
'The Account Keeper.
A man may t'ink he's makin' money
when he woiks goils f r scant wages,
but God's chargin' him up with de
diffrunce an' God's a great hand at
collectin' w'ot's comin' t' him. Office
Boy in Will Maupin's Weekly.
Trade Union Briefs.
The Ironmolders' International union
has held no convention for three years.
Boston Domestier Protective union
has decided to establish free beds for
sick members at two Boston hospitals.
Quincy granite cutters' unions have
signed a five year agreement with the
employers which gives the men a good
increase in wages.
Boston machinists' lodge has made
an arrangement with the Norwegian
Machinists' union by which the 'cards
of both organizations will be recogniz
ed and exchanged by the other.
The engineers, conductors, trainmen
and firemen on the Colorado and
Southern system and the Denver and
Interurban electric lines have been
granted an increase in wages equal to
about 10 per cent.
Ten old time Chicago telegraphers
were recently retired by the Western
Union Telegraph company on pensions
aggregating 50 per cent of their sala
ries. Elmer Stevens, one of those re
tired, had been in the service In Chi
cago since 1868.
Mayor Dilling of Seattle signed a
letter addressed to the speaker and
members of the house of l'epresenta
tives reading, "1 desire to join in the
petition of thousands of citizens of
Washington that you enact a- law
limiting the working hours of women
in workshops, factories and other
places to eight hours per day, in so
far as practical."
Suspension of Carpenters.
The action taken by the building
trade department of the American
Federation of Labor in suspending the
United Brotherhood of Carpenters and
Joiners from the department at the re
cent St Louis convention was not le
gal, according to William D. Huber,
general president of the brotherhood.
The same position is taken by Frank
Duffy, the general secretary. . They
contend that a two-thirds vote is neces
sary to suspend an organization from
membership in the department and
that the vote at the convention stood
thirty-one in favor of suspension and
twenty-two against. The same votti
also covered the suspension of the In
ternational Association of Steam and
Hot Water Fitters, whose case was
disposed of at the same time as that
of the carpenters and joiners. In both
cases the charge was that the Interna
tionals had not obeyed what is known
as the Tampa decision relating to mat
ters of jurisdiction.
To the Man of Honor.
Base gains are the 8 am M
I -Hesiod
