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Senate Investigation of Profit Sharing
A Survey of profit sharing in American industry has recently been initiated by a subcommittee of the Senate Finance Committee1 in pursuance of a resolution adopted by the Senate last May 18. An expert staff with headquarters in Chicago is now gathering factual data, and public hearings are to be held by the subcommittee in Washington late this year or early next year. The resolution authorizing the inquiry directed the committee “to make a complete study of … all existing profit-sharing systems, between employers ...