The Portland Cement Industry From a Financial Standpoint
The Portland Cement Industry From a Financial Standpoint
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In our eReader you can find the full English version of the book. Read The Portland Cement Industry From a Financial Standpoint 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 Portland Cement Industry From a Financial Standpoint
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One might say that the normal course of modern trade was that prices should always tend toward the cost of production, that this tendency developed itself with increasing speed, and from time to time ended in production at a loss. Now whatever one may say about a "social contract," or the working out of the welfare of society through the clashing self- interest of individuals, the fact remains that the first object with which a man enters business is to make money, and his second to make as muc...h as he can. Similarly a workman wants first to get a subsistence wage, and next as high a wage as he can. And if any social institutions or trade methods stand in the way there will be a revolt. Such a revolt in a multitude of forms we are now witnessing The simplest form of price regulator is, of course, the pool.
At present, however, pools are without legal protection, and sad experience in both railroad and iron affairs has shown that 35 THE PORTLAND CEMENT INDUSTRY the so-called "gentlemen's agreement" has a short life, failing to develop either agreement or gentlemen.
What to read after The Portland Cement Industry From a Financial Standpoint?
You can find similar books in the "Read Also" column, or choose other free books by Edwin Clarence Eckel to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
One might say that the normal course of modern trade was that prices should always tend toward the cost of production, that this tendency developed itself with increasing speed, and from time to time ended in production at a loss. Now whatever one may say about a "social contract," or the working out of the welfare of society through the clashing self- interest of individuals, the fact remains that the first object with which a man enters business is to make money, and his second to make as muc...h as he can. Similarly a workman wants first to get a subsistence wage, and next as high a wage as he can. And if any social institutions or trade methods stand in the way there will be a revolt. Such a revolt in a multitude of forms we are now witnessing The simplest form of price regulator is, of course, the pool.
At present, however, pools are without legal protection, and sad experience in both railroad and iron affairs has shown that 35 THE PORTLAND CEMENT INDUSTRY the so-called "gentlemen's agreement" has a short life, failing to develop either agreement or gentlemen.
What to read after The Portland Cement Industry From a Financial Standpoint?
You can find similar books in the "Read Also" column, or choose other free books by Edwin Clarence Eckel to read onlineMoreLess
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