The Making of America: Industry and financeRobert Marion La Follette Arno Press, 1973 - Business & Economics |
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Page 232
... investor bought ; because of its increased earnings the railroad could pay him 4 per cent . Without the invest- ment of money increased production would be impossible . Upon the investor rests the responsibility of increasing the wealth ...
... investor bought ; because of its increased earnings the railroad could pay him 4 per cent . Without the invest- ment of money increased production would be impossible . Upon the investor rests the responsibility of increasing the wealth ...
Page 234
... investor necessitates the promoter . The promoter , then , is the man who discovers and " assembles " the proposi- tion for the investor , who then , if satisfied with the prospect of profit , provides the fund for its development . The ...
... investor necessitates the promoter . The promoter , then , is the man who discovers and " assembles " the proposi- tion for the investor , who then , if satisfied with the prospect of profit , provides the fund for its development . The ...
Page 242
... investor would get no benefit . Suppose that this should be done and note the consequences to the investor . We must assume that the enterprise has been fully equipped with machinery and working capital , and with experienced and ...
... investor would get no benefit . Suppose that this should be done and note the consequences to the investor . We must assume that the enterprise has been fully equipped with machinery and working capital , and with experienced and ...
Contents
Our Industrial Position in the World | 1 |
The Pioneers of American Industry | 8 |
Concentration of Industry in the United States | 49 |
Copyright | |
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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 economic engineering England enterprises Erie railroad established existence fact favor freight funds important increase independent individual industrial institutions insurance companies interest investment investor J. P. Morgan labor large number less loans machinery manufacturing ment methods million monopoly national banks Ohio Ohio river operation organization output ownership 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