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Progress from Experience: (English)

Progress from Experience: (English)

          
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About the Book

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1910. Excerpt: ... CHAPTER IV. PRESENT INDUSTRIAL TENDENCIES. By a process analogous to that by which a word signifying the crown of womanhood was transformed into the adjective of feminine ugliness did a term expressive of confidence and security come to stand for distrust and detestation. As we have it that there are good trusts and bad trusts, unfaltering trusts and misplaced trusts, remember that what you take on trust is taken on your own trust, good, bad, misplaced or unfaltering, and not on mine of like undetermined consistency. What were the underlying conditions which made possible the formation of large industrial combinations and which made the proprietors of established and successful enterprises more than willing to lead or follow in the general movement? Under free competition the fittest to survive proved to be the largest and best equipped concerns. This drove the business, so far as ownership and management is to be understood, into the hands of the few. The constant need for increasing plants and installing new machinery and processes kept up the need for more capital. At the same time there was an increase of capital seeking investment in the hands of a growing investor class comprising the descendants of fortune builders, those who had sold out after meeting with success and all who had made accumulations by what 25 ever means. The sons of founders of industries felt a diminishing desire to follow aggressively their fathers' careers or found the problem confronting them that of keeping and maintaining what they already had of fortune, income or acquired proportion of an existing trade. The pioneer work was mostly done, trade conditions were more settled, the personal rivalries and distrusts of the pushing formative period had mostly gone out with the lig...


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Product Details
  • ISBN-13: 9781151575531
  • Publisher: General Books
  • Publisher Imprint: General Books
  • Height: 246 mm
  • No of Pages: 22
  • Series Title: English
  • Weight: 59 gr
  • ISBN-10: 1151575534
  • Publisher Date: 06 Feb 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Spine Width: 1 mm
  • Width: 189 mm


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