Faithful leaders prioritize workers’ welfare over profit, showing selflessness and generosity.
See PATRIOTISM, DISINTERESTED; SELF-FORGETTING.
UNSELFISHNESS, EXAMPLES OF
When Peter Cooper, who founded the Cooper Institute, New York, had completed his apprenticeship, his employer esteemed him so much that he offered to give him the capital to start in business, but Cooper refused because of his invincible repugnance to debt. At the end of three years he had saved up $500, but his father being prest with debt, young Cooper gave the entire amount for his relief. He purchased a glue factory and soon obtained the reputation of making the best glue in the country. He became interested in many successful enterprises, employing thousands of men, and conceived the idea of an educational institute for the advancement of the sciences. Abram S. Hewitt, with a son of Peter Cooper, took over the father’s iron business, and at one time over 3,000 men were employed, and for six years they ran the business at a loss of over $100,000 a year rather than bring upon their employes the distress incident to shutting down the plant. Partly for this reason the business was run for forty years with only sufficient profit to pay the men, and still by judicious foresight in buying iron the firm cleared over $1,000,000 in one year. Their policy toward their workmen was always to take them into their confidence.--JAMES T. WHITE, “Character Lessons.”