Warren Stanford Stone was a railway worker who rose to head the Brotherhood of Locomotive Engineers in the United States from 1903 to 1925. He was unusual as a labor leader in that he did not believe in compulsory union membership and was comfortable with "labor capitalism". He supported a radical plan in which workers in an industry would take one-third of the profits, the other thirds going to capital and the public. By the end of his tenure the Brotherhood controlled investments worth over $100 million.
Stone in 1919
Time Cover, 10 Mar 1924
Brotherhood of Locomotive Engineers and Trainmen
The Brotherhood of Locomotive Engineers and Trainmen (BLET) is a labor union founded in Marshall, Michigan, on 8 May 1863 as the Brotherhood of the Footboard. It was the first permanent trade organization for railroad workers in the US. A year later it was renamed the Brotherhood of Locomotive Engineers. The B of LE took its present name in 2004 when it became a division of the Rail Conference of the International Brotherhood of Teamsters (IBT).
Brotherhood of Locomotive Engineers and Trainmen
Cover of the 1867 debut issue of the Monthly Journal, official organ of the B of LE.
Time magazine cover from 10 March 1924 featuring Warren Stanford Stone
1871 life insurance policy