Profit Sharing Advocated by Minister of Finance Tokio, Aug. 2 he statement is attributed to iscount Takahashi, Minister of Finance, by the Tokio ''Asahi," that the only satisfactory solution of the present labour troubles is the adoption of a profit-sharing system, by which the profits of joint-stock companies should be distributed between the management, the shareholders and the workers,.
The Finance Minister, when seen by the "sah"? reporter, said that, while the present trouble must be attributed to the introduction of foreign ideas of the relationship between labour and capital, a certain share of the responsibility must be with the capitalists, who have not yet learned to appreciate the true value of labour, but worked inconsiderately for the promotion of their own interests.
Trust tun Workers.
The workmen, he thought, should be made more familiar with the circumstances under which their employers' business is being conducted. The greater the confidence reposed in the workers, the more would be the efficiency of their work, and the more would they study economy in methods of production.
With the present high cost of living and the increasing difficul-tics of daily life that the people generally were facing, it behaved both employers and workmen to pay more attention to reducing the cost, of production.
At the time of the recent strike by "the electric light workers of Osaka, said Viscount Takahashi, the Company inquired into the question of how few workmen were required to keep up the necessary supply of electricity to the city. and discovered that the work could be satisfactorily carried out by one-third the number of those employed, That was only an example, he said, to show how loose the management of the company had been in the past, and how it had been in labour costs.
88 Lasovr Leavers Iupris Fresh Ovroreak oF Sri Aug. 3.
According -to the "Kokumin,"
Kagawa and other Labour leaders, to the number of 88, were were imprisoned on August 1.
All the workmen employed by the Eastern A: Electric Company, Shima-Shibuya, Tokio, to the number of about 280, have gone on strike. They demand higher wages and one holiday a week, as well as the three greatest national holidays on full wages. Their demands have not been acceded to, and ten of the leaders have been arrested.
All the employees of the Fuji pani Electric Tramway Company in Yamanashi Prefecture struck on
Text read from the printed page and cleaned; old type leaves the occasional error.