Extracts From Chordals Letters Comprising the Choicest Selections From the Ser
Extracts From Chordals Letters Comprising the Choicest Selections From the Ser
James Waring 1850 See
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These are capitalists looking up investments. I honestly think that, if this same engine had been sprouted in the West, it would have been in the market years ago, and more than likely it would have been " dead, buried and resurrected, and its body strung on wires. " * * * * Another case : A Western firm " made " a certain machine. Cut prices began to bring the blood. There was competition from New England. Both parties made the machine quite well. The West- ern firm resolved that something mus...t be done to cheapen the machine. It could not be made any light- er, for it only had panic thickness anyhow. Wages could not be cut, for there was no substance to cut at. The question came down to a simple question of reducing the amount of work on the thing. The com- mon Western plan of cheapening a product is to leave Something off. They did this thing : they reduced everything, and cut and slashed as long as they thought EXTRACTS FROM CHORDAL S LETTERS. 2OQ the machine would pass muster. Then they cut prices twenty per cent.
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