OCR Interpretation


The day book. (Chicago, Ill.) 1911-1917, June 26, 1913, Image 1

Image and text provided by University of Illinois at Urbana-Champaign Library, Urbana, IL

Persistent link: http://chroniclingamerica.loc.gov/lccn/sn83045487/1913-06-26/ed-1/seq-1/

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W WEREN'T ALWAYS WILLING TO GO THE
PACE," SAYS EVELYN NESBIT IN LIFE STORY
THE DAY BOOK
An Adless Daily Newspaper.
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"- A-meLU, ..ifSSSSTgrS- ono "" OUUIU JTCVH.10. L.
Editor and Publisher.
Tel. Monroe 353.
VOL 2, NO. 229 Chicago, Thursday, June 26, 1 913
ONE CENT
COST OF DYING FOR ROSENWALD'S
EMPLOYES SOMETIMES IS LOW
Sears, Roebuck & Co. Owes Angus Wood's Estate
$267.25, But $69.00 Funeral Is Good Enough for
Wood How About Rest of Money?,
'It's a fine game this mutual benefit association that Sears, Roebuck
& Co. conduct for their employes.
"If I had the rake-off from these little monthly contributions of five
thousand or so employes, I'd quit business at the end of four years and1
never work again.
"You'll notice that the rake-off comes, not only from those employes
who have been members of the association and quit the employ of Sears,
Roebuck & Co. before they have had a chance to derive any of the 'bene
fits'; but that there also is the cumulative interest on the contributions of
the employes; which must be a tidy little sum every year." Alderman
Thomas J. Ahern of the Thirteenth Ward.
The curious way in which mutual
benefit associations run by big cor
porations purely for the benefit of
their employes work out in actual
practice once more has-been brought
to the front by the death of Angus
Wood, 1481 Lexington street, an-em-ploye
of Sears, Roebuck & Co.
Sears, Roehuck & Co. have one of
the best "mutual benefit associations
purely'for the benefit of employes" in
existence. Julius Rosenwald, pres
ident of the company, told the people
that when he was on the grill before
the O'Hara Welfare Commission.
This is the story of Angus Wood,
who worked for Sears, Roebuck &
Co. for seven years, and who died of
consumption last Monday night, but
is not yet buried thanks to Sears,
Roebuck & Co.
The white plague first began to
grip hard on Wood's vitals four
months ago, and he was forced to
quit work.
For over a month, Wood Jay,

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