Social Problems a Study of Present Day Social Conditions

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Most American trade unions pay a small death or funeral benefit, a number pay sickness insurance, some maintain out-of-work benefits and make loans to members to assist them in finding work elsewhere, and others pay bene- fits to those who have become incapacitated for work because Labor Organizations 135 of old age and long service. This benefit fund is not only a great advantage to the individual worker, rendering him assistance at the times of his greatest need, but it is also of very great ...benefit to the labor organizations themselves. It tends to increase the membership of the unions, many joining primarily to secure the benefit features. A better class of workmen, men who know the benefits of insurance, are at- tracted to the union. After entering the union, their enthu- siasm and loyalty is stimulated because they can feel that in case of misfortime their union will be able to help them over their period of distress. The union having a large reserve fimd will be much more cautious against hasty or ill-advised actions whereby this fimd may become dissipated.

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