11 AUGUST 1900, Page 15

RAILWAY STRIKES: HOW TO AVOID THEM.

[TO THZ EDITOR OF THE "SPECTATOR."] SIR,—Could not strikes be avoided if the servants of railways and other companies during the time of their service were treated as shareholders, their wages depending on the pros- perity of the companies they serve? For example, the wages of a man receiving, say, £40 per annum would represent a capital of 21,000 at 4 per cent. Should the company be in a flourish- ing condition this would produce 5 or 6 per cent. to each servant, whilst if the company were in a depressed condition he would get only his minimum wage of 4 per cent. It would thus be to the advantage of the servants to help instead of to hinder the working of their companies.—I am, Sir, &c., A HUMBLE STIGGESTOR.