The Romance of Industry and Invention — John Shaqi
The Romance of Industry and Invention
History
The Romance of Industry and Invention
Industrial arts; Inventions
certified by two of the physicians as unable to work. The highest
pension to men is five pounds monthly, the average being about two
pounds sixteen shillings monthly. The average pension to widows is
about one pound fourteen shillings monthly.
The firm have made special arrangements with a number of life insurance
companies whereby the workmen can, if they choose, insure their lives at
low rates. They have formed a Life Insurance Union, and endowed it with
a reserve fund of three thousand pounds, from which aid is given to
members needing assistance to pay their premiums. An important
institution in Essen is the great Central Supply Store, established and
owned by the firm, where articles of every description--bread, meat, and
other provisions, clothing, furniture, &c.--are sold on a rigidly cash
system at cost price. Connected with the Central Store are twenty-seven
branch shops, in positions convenient for the workpeople, placing the
advantages of the system within the easy reach of all.
The original name, 'Frederick Krupp,' has been retained through all
vicissitudes of fortune as the business title of the firm. The small
dwelling in which Alfred Krupp was born is still standing, in the midst
of the huge workshops that have grown up around it, and is preserved
with the greatest care. At his expense, photographs of it were
distributed among his workmen, each copy bearing the following
inscription, dated Essen, February 1873: 'Fifty years ago, this
primitive dwelling was the abode of my parents. I hope that no one of
our labourers may ever know such struggles as have been required for the
establishment of these works. Twenty-five years ago that success was
still doubtful which has at length--gradually, yet wonderfully--rewarded
the exertions, fidelity, and perseverance of the past. May this example
encourage others who are in difficulties! May it increase respect for
small houses, and sympathy for the larger sorrows they too often
contain. The object of labour should be the common weal. If work bring
blessing, then is labour prayer. May every one in our community, from
the highest to the lowest, thoughtfully and wisely strive to secure and
build his prosperity on this principle! When this is done, then will my
greatest desire be realised.'
* * * * *
Germany has become a formidable competitor to Great Britain in the iron
and steel trade, and German steel rails, girders, and wire come in
freely to this country. From reports we learn that Great Britain
produced in 1882 8-1/2 million tons of iron and 5 million tons of
finished iron and steel, while the production of Germany was then less
than 3-1/2 and 2-1/2 million tons respectively. English production had
fallen to 7-1/2 million tons of iron and 4 million tons of finished iron
and steel in 1895, while Germany had risen to 5 million tons and 6
million tons respectively.
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