Inhaltsangabe
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1908. Excerpt: ... globe," answered Colonel Bryan. "The works of men live after them and we are realizing now this great man's value." With a reverential bow at the spot of sacred memory, Mr. Bryan turned to his carriage and, the others following, the party was driven at once to the university. THE STEAL IN STEEL The United States Steel (or Steal) company has issued its statement for 1906 and from this statement it appears: First--That the gross sales were $696,756,926.01. Second--That the company has 202,457 employes. Third--That the employes received last year $147,765,540. Fourth--That the net earnings for the year amounted to $156,624,273.18. From these figures it will be seen that the net earnings amount to about 23 per cent of the gross sales. Can the average business man do that well when he has no monopoly? It will also be seen that the net earnings exceed the wages paid to employes. That means that each employe earns what is paid to him and in addition to that earns a profit for his employer more than equal to his wages. The company makes more than one hundred per cent profit on the wages paid; can the ordinary business man do that well when he has no monopoly? The employes receive in wages about 21 per cent of the gross sales and yet the average tariff is about 50 per cent. What need has the steel company of the tariff which it now enjoys? And how long will the American people wait for the tariff to be reformed by its beneficiaries? Will the average business man who has no monopoly continue to vote with managers of the Steel trust? PUBLICITY The man who said that he would rather walk forty miles than write a letter can find interesting confirmation of his views by calling upon President Roosevelt and Mr. Harriman. Senator Depew will not thank either Mr. Harriman o...
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