Annals of the American Academy of Political and Social Science, Volumes 85-86A.L. Hummel, 1919 |
Contents
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Common terms and phrases
American arbitrator average bonus buildings capital cent chairman charge collective bargaining Committee construction coöperation corporation determined directors dividends earnings effect efficiency eight-hour day election employer employes engineering enterprise equipment established executive expense facilities fact factor fair federal foreman freight function Helen Marot Hickey-Freeman human important improvements increase individual industrial engineers industry interest Interstate Commerce Commission investment investor lines locomotives machine manufacturing material ment methods necessary operation organization Orleans passenger Philadelphia planning department plant possible practice preferred stock problem production profit Railroad Administration railway Rapid Transit regulation reinforced concrete representatives result roads salesman Scientific Management securities social standard statistical sumer surplus Taylor System tion ton-miles Trade Board traffic train transportation unit wage workers workmen York City
Popular passages
Page 27 - What constitutes a state? Not high-raised battlement or labored mound, Thick wall or moated gate ; Not cities proud, with spires and turrets crowned ; Not bays and broad-armed ports, Where, laughing at the storm, rich navies ride ; Not starred and spangled courts, Where low-browed baseness wafts perfume to pride. No : MEN, high-minded MEN...
Page 36 - Such annual reports shall show in detail the amount of capital stock issued, the amounts paid therefor, and the manner of payment for the same ; the dividends paid, the surplus fund, if any, and the number of stockholders ; the funded and floating debts and the interest paid thereon ; the cost and value of the carrier's property, franchises, and...
Page 36 - ... the amounts expended for improvements each year, how expended, and the character of such improvements; the earnings and receipts from each branch of business and from all sources; the operating and other expenses; the balances of profit and loss; and a complete exhibit of the financial operations of the carrier each year, including an annual balance sheet.
Page 17 - ... faces. But the remedy is, not to remand him into his dungeon, but to accustom him to the rays of the sun.
Page 17 - Many politicians of our time are in the habit of laying it down as a self-evident proposition, that no people ought to be free till they are fit to use their freedom. The maxim is worthy of the fool in the old story, who resolved not to go into the water till he had learned to swim. If men are to wait for liberty till they become wise and good in slavery, they may indeed wait forever.
Page 97 - The Commission shall as soon as practicable prepare and adopt a plan for the consolidation of the railway properties of the continental United States into' a limited number of systems. In the division of such railways into such systems under such plan, competition shall be preserved as fully as possible and wherever practicable the existing routes and channels of trade and commerce shall be maintained.
Page 157 - I know of, in the long calendar of the year, when men and women seem by one consent to open their shut-up hearts freely, and to think of people below them as if they really were fellow-passengers to the grave, and not another race of creatures bound on other journeys.
Page 132 - Before coming to the question of profit at all the company is entitled to earn a sufficient sum annually to provide not only for current repairs but for making good the depreciation and replacing the parts of the property when they come to the end of their life.
Page 139 - In determining the amount of the investment by the stockholders, It can make no difference that money earned by the corporation, and In a position to be distributed by a dividend among its stockholders, was used to pay for Improvements and stock issued in lieu of cash to the stockholders. It is not necessary that the money should first be paid to the stockholder, and then returned by him in payment for new stock issued to him. The net earnings, in equity, belonged to him, and stock issued to him...
Page 231 - The managers assume . . . the burden of gathering together all of the traditional knowledge which in the past has been possessed by the workmen and then of classifying, tabulating, and reducing this knowledge to rules, laws, and formulae.