An Investor's Notes on American Railroads |
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Page 20
... organized labour will , as between labour and capital , obtain a larger share of the profits of industry than it has heretofore received may be accepted as a foregone conclusion . Such a result will probably not be confined to America ...
... organized labour will , as between labour and capital , obtain a larger share of the profits of industry than it has heretofore received may be accepted as a foregone conclusion . Such a result will probably not be confined to America ...
Page 22
... organized scale of rewards and punishments . The solid vote obviously means that party governs , and that patriotism and indi- vidual opinion are asleep . In America solid voting is on the decline , as the dignity of asserting ...
... organized scale of rewards and punishments . The solid vote obviously means that party governs , and that patriotism and indi- vidual opinion are asleep . In America solid voting is on the decline , as the dignity of asserting ...
Page 71
... organized party . Now it happened that the Company had no power to issue directly an unlimited amount of new stock at the dis- cretion of Directors , who might for any reason desire to water the capital . But , by the manipulation of a ...
... organized party . Now it happened that the Company had no power to issue directly an unlimited amount of new stock at the dis- cretion of Directors , who might for any reason desire to water the capital . But , by the manipulation of a ...
Page 83
... organized corner was so tremendously drastic that it was apt to leave an enduring mark on subsequent railroad his- tory . But of late years , owing to increased publicity and a more general diffusion of knowledge on the subject of ...
... organized corner was so tremendously drastic that it was apt to leave an enduring mark on subsequent railroad his- tory . But of late years , owing to increased publicity and a more general diffusion of knowledge on the subject of ...
Page 86
... organized national service , like the Post - office or the Telegraph in England . Obviously the making of profit is not essential to a public service of the latter kind , but merely incidental to it . If a profit is made , so much the ...
... organized national service , like the Post - office or the Telegraph in England . Obviously the making of profit is not essential to a public service of the latter kind , but merely incidental to it . If a profit is made , so much the ...
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Common terms and phrases
administration American railroads bonds capital charter citizens combination commercial Commissioners common carriers compensation competent competition concern considered Constitution construction contract Convertible bonds coupons course court demagogue desire dividends doubt duty earning economical Eminent Domain England enquirer enterprise ex post facto existing favour fixed charges floating debt foreign investor freight and passenger G. P. PUTNAM'S SONS Gladstone Government Granger holders impair incidents instance investment investor's point labour land lative leased lines legislation Let us suppose limited ment observer organized party passenger tariffs point of view political Political Economy pool produce profit protection purpose rail Railroad Commission railroad companies railroad corporation Railway Age ready money reasonable reserved power result risks road scarcely securities speculative statute stockholders supply and demand tion to-day trade transporting companies whole worth