The Making of America, Volume 3Robert Marion La Follette Making of America, 1906 - Inventors |
From inside the book
Results 1-5 of 47
Page 29
... savings of our own people and such surplus capital as foreign- ers could be induced to lend us . Regarding domestic capital the situation had greatly improved during the generation prior to 1815. In the colonies , as in all new ...
... savings of our own people and such surplus capital as foreign- ers could be induced to lend us . Regarding domestic capital the situation had greatly improved during the generation prior to 1815. In the colonies , as in all new ...
Page 30
... savings of large masses of people , such as is provided by the savings banks and life insurance companies , did not then exist . Of course , so far as the national debt was owned abroad , its payment would not have the effect of in ...
... savings of large masses of people , such as is provided by the savings banks and life insurance companies , did not then exist . Of course , so far as the national debt was owned abroad , its payment would not have the effect of in ...
Page 31
... savings which the inventions and improvements of the last part of the eighteenth century enabled her to accumu- late . The pressure of surplus capital was , however , not left in its full force until the close of the wars in 1815. Up to ...
... savings which the inventions and improvements of the last part of the eighteenth century enabled her to accumu- late . The pressure of surplus capital was , however , not left in its full force until the close of the wars in 1815. Up to ...
Page 32
... savings to invest would be forced to turn to highly speculative investments at home or to lend their capital in foreign countries . A number of circumstances recommended the United States to English investors . In the first place the ...
... savings to invest would be forced to turn to highly speculative investments at home or to lend their capital in foreign countries . A number of circumstances recommended the United States to English investors . In the first place the ...
Page 39
... saving and supplied the capi- tal for the community at that time . So far as domestic capital was concerned , there was no large class of persons , who on account of large incomes were willing to devote a part of their savings to risky ...
... saving and supplied the capi- tal for the community at that time . So far as domestic capital was concerned , there was no large class of persons , who on account of large incomes were willing to devote a part of their savings to risky ...
Other editions - View all
Common terms and phrases
advantages aggregate American amount average stockholding canal capital stock Carnegie Steel company census cent charter Chicago cities coal combination commerce commission competition consolidation corporations cost cotton crude oil deposits distribution dividends dollars earnings economic England enterprises Erie railroad established existence fact favor freight funds HENRY GANNETT important increase independent individual industrial institutions insurance companies interest investment investor J. P. Morgan labor land large number less loans machinery manufacturing ment methods million monopoly national banks Ohio Ohio river operation organization output pany Pennsylvania period pipe lines Pittsburg plants policy holder present production profits promoter purchase question railroad railway refiners result roads savings secure shares South Improvement company speculative Standard Oil company Standard Oil trust supply surplus tion trade transportation trust companies twenty union United wages wealth York York Central railroad
Popular passages
Page 203 - Section 1 provides that every contract combination in the form of a trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is hereby declared to be illegal.
Page 400 - He smote the rock of the national resources, and abundant streams of revenue gushed forth. He touched the dead corpse of the Public Credit, and it sprung upon its feet...
Page 6 - No sea but what is vexed by their fisheries. No climate that is not witness to their toils. Neither the perseverance of Holland, nor the activity of France, nor the dexterous and firm sagacity of English enterprise, ever carried this most perilous mode of hardy industry to the extent to which it has been pushed by this recent people ; a people who are still as it were, but in the gristle, and not yet hardened into the bone of manhood.
Page 99 - collate information and to consider and recommend legislation to meet the problems presented by labor, agriculture and capital," justified the time and expense necessary for the preparation of such a report.
Page 32 - Thus the most democratic country on the face of the earth is that in which men have in our time carried to the highest perfection the art of pursuing in common the object of their common desires, and have applied this new science to the greatest number of purposes.
Page 172 - The powers of the company included authority "to construct and operate any work or works, public or private, designed to include, increase, facilitate, or develop trade, travel, or the transportation of freight, live-stock, passengers, or any traffic by land or water, from or to any part of the United States.
Page 200 - There is a widespread conviction in the minds of the American people that the great corporations known as -trusts' are in certain of their features and tendencies hurtful to the general welfare-. This springs from no spirit of envy or uncharitableness, nor lack of pride in the great industrial achievements that have placed this country at the head of the -nations struggling for commercial supremacy.
Page 43 - An Act to establish a state bank to raise a fund for internal improvements, and to aid in the establishment of a system of education.
Page 190 - denies that it has at any time or in any manner acquiesced in or observed, performed, or carried out either or both of said agreements," it does not deny the averment of the petition that "all of the owners and holders of its capital stock, including all the officers and directors of said company, signed said agreements.
Page 201 - ... country at the head of the nations struggling for commercial supremacy. It does not rest upon a lack of intelligent appreciation of the necessity of meeting changing and changed conditions of trade with new methods, nor upon ignorance of the fact that combination of capital in the effort to accomplish great things is necessary when the world's progress demands that great things be done.