Business--a ProfessionSmall, Maynard, 1914 - 327页 |
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aggregate American amount assets attained average Boston and Maine Brandeis cent chusetts Collier's Weekly Commission Committee competition corporations cost court death demands democracy deposits dividends earnings efficiency employees England established expense exports facts foreign funds gas company greater Haven Herbert Knox Smith huge increase independent industrial insurance insurance business insurance companies insurance department interest Interstate Commerce Commission investment J. P. Morgan John Hancock June 30 labor unions lawyer legal reserve legislation legislature less manufacturing Massa Massachusetts ment Metropolitan monopoly operation paid panies pension system policy-holders practice premium production profits proper protection providing Prudential rail railroad recognized reduced regulation result retail Rhode Island savings banks scientific management secure Standard Steel Trust success sumer superannuation tion trade trades unions transportation Tremont Street subway trolley lines United wage-earner wages waste workingmen York
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第254页 - Americans should be under no illusions as to the value or effect of price-cutting. It has been the most potent weapon of monopoly — a means of killing the small rival to which the great trusts have resorted most frequently. It is so simple, so effective. Far-seeing organized capital secures by this means the co-operation of the short-sighted unorganized consumer to his own undoing. Thoughtless or weak, he yields to the temptation of trifling immediate gain, and, selling his birthright for a mess...
第322页 - If these problems are to be settled right, this condition cannot continue. Our country is, after all, not a country of dollars, but of ballots. The immense corporate wealth, will necessarily develop a hostility, from which much trouble will come to us, unless the excesses of capital are curbed, through the respect for law, as the excesses of democracy were curbed seventy-five years ago.
第241页 - It must not be forgotten that you are not to extend, arbitrarily, those rules which say that a given contract is void as being against public policy ; because if there is one thing which more than another public policy requires, it is that men of full age and competent understanding shall have the utmost liberty of contracting, and that their contracts, when entered into freely and voluntarily, shall be held sacred and shall be enforced by Courts of justice.
第92页 - The unions should take the position squarely that they are amenable to law, prepared to take the consequences if they transgress, and thus show that they are in full sympathy with the spirit of our people, whose political system rests upon the proposition that this is a government of law, and not of men.
第238页 - ... of value ; both because there was ordinarily no recognized standard of quality for the particular article, and because there was no standard price even for the article of standard quality. Under such conditions the purchaser had still to rely for protection on his own acumen, or on the character and judgment of the retailer; and the individual producer had little encouragement to establish or to maintain a reputation. The unscrupulous or unskilful dealer might be led to abandon his goods for...
第314页 - As the lawyers form the only enlightened class whom the people do not mistrust, they are naturally called upon to occupy most of the public stations. They fill the legislative assemblies, and are at the head of the administration ; they consequently exercise a powerful influence upon the formation of the law, and upon its execution.
第252页 - The competition attained by prohibiting the producer of a trade-marked article from maintaining his established price offers nothing substantial. Such competition is superficial merely. It is sporadic, temporary, delusive. It fails to protect the public where protection is needed. It is powerless to prevent the trust from fixing extortionate prices for its product. The great corporation with ample capital, a perfected organization and a large volume of...
第5页 - Real success in business is to be found in achievements comparable rather with those of the artist or the scientist, of the inventor or the statesman. And the joys sought in the profession of business must be like their joys and not the mere vulgar satisfaction which is experienced in the acquisition of money, in the exercise of power or in the frivolous pleasure of mere winning.
第251页 - ... existed to use the power of the combination as a vantage ground to further monopolize the trade in tobacco by means of trade conflicts designed to injure others, either by driving competitors out of the business or compelling them to become parties to a combination — a purpose whose execution was illustrated by the plug war which ensued and its results, by the snuff war which followed and its results, and by the conflict which immediately followed the entry of the combination in England and...
第x页 - Instead of holding a position of independence, between the wealthy and the people, prepared to curb the excesses of either, able lawyers have, to a large extent, allowed themselves to become adjuncts of great corporations and have neglected the obligation to use their powers for the protection of the people. We hear much of the "corporation lawyer," and far too little of the "people's lawyer.