The Life Story of J Pierpont Morgan a Biography volume 2
The Life Story of J Pierpont Morgan a Biography volume 2
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In our eReader you can find the full English version of the book. Read The Life Story of J Pierpont Morgan a Biography volume 2 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Life Story of J Pierpont Morgan a Biography volume 2
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To quickly assess the difficulty of the text, read a short excerpt:
Morgan had firmly elim- inated him from the management of the Steel Trust — and he now remarked coolly to Perkins: " Since you want that stock SPIRIT OF COMBINATION 251 so badly, to keep your friends in control and protect the Southern, I will let you have it. But you must pay me ten millions more than it cost. " And the deal was closed on that basis. The enterprises Mr. Morgan controls are not merely the strongest and most ably planned of the modern combinations; usually they possess some spec...ial advantage or element of security outside of mere ability in management, which enables them to pull through in the worst of times, and makes them pretty certain inheritors of future business. They are apt to have an element of advantage which prevents them from ever becoming the victims of deadly compe- tition. The Steel Corporation controls un- measured sources of supply of raw material ; its competitors control very little ; the thou- sands of miles of railroad Mr. Morgan is identified with control rights of way, coal lands, terminals, competing lines, steamship connections and so on.
What to read after The Life Story of J Pierpont Morgan a Biography volume 2?
You can find similar books in the "Read Also" column, or choose other free books by Hovey, Carl, B. 1875 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Morgan had firmly elim- inated him from the management of the Steel Trust — and he now remarked coolly to Perkins: " Since you want that stock SPIRIT OF COMBINATION 251 so badly, to keep your friends in control and protect the Southern, I will let you have it. But you must pay me ten millions more than it cost. " And the deal was closed on that basis. The enterprises Mr. Morgan controls are not merely the strongest and most ably planned of the modern combinations; usually they possess some spec...ial advantage or element of security outside of mere ability in management, which enables them to pull through in the worst of times, and makes them pretty certain inheritors of future business. They are apt to have an element of advantage which prevents them from ever becoming the victims of deadly compe- tition. The Steel Corporation controls un- measured sources of supply of raw material ; its competitors control very little ; the thou- sands of miles of railroad Mr. Morgan is identified with control rights of way, coal lands, terminals, competing lines, steamship connections and so on.
What to read after The Life Story of J Pierpont Morgan a Biography volume 2?
You can find similar books in the "Read Also" column, or choose other free books by Hovey, Carl, B. 1875 to read onlineMoreLess
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