Our Economic Life a General Social Science

Cover Our Economic Life a General Social Science
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What laws have been made in the past twenty years to lessen the danger of placing too great power in the hands of large organiza- tions of capital? 33. Why is the interest paid upon industrial bonds apt to be less than the dividends on preferred stock in the same corporation? Show that the same principle is applicable to interest on first and second mortgages on real estate. CHAPTER IX How LABOR HAS ORGANIZED Attitude toward work. If you should be tried in court, and the judge should sentence y...ou to a term of hard labor, you would feel that you were indeed unfortunate. There are some people who seem to feel that being born into this workaday world is very much like being sentenced to a life term of labor. If you were accepted as a member of an athletic team, if you were elected to an honorable office, admitted to the bar, or to any other honored calling, you would feel that you were fortunate. To some, being born into this workaday world seems equivalent to being admitted to some honorable calling.

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