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. 1875 Excerpt: ...this system is somewhat complicated, Bince it necessitates a division of the business into several separate branches and each branch requires a competent agent or manager, to secure which often takes more money than can well be afforded. Now, if the establishments were organized on a plan by which the farmer treats directly with the factory--that is to say, simply delivers his milk and gets his pay for it on some basis of highest values--there would evidently be an improvement in the system, because it would relieve the farmer from the machinery entailed on the several branches alluded to and there would be less liability to loss. This is the new plan or change to which I have referred. Responsible parties are now taking hold of the factories and managing them as a business. The factories are owned and managed on the same principle as the manufactories of cotton, wool, iron, &c. The raw material or milk is purchased at the factory and the farmer has no further interest in it. The product manufactured is under the complete control of the proprietor of the factory. He disposes of it as he sees fit, either in the home or foreign market; and having a large quantity and being solely interested in the sales, he makes-it his business to keep posted in regard to the markets, and consequently better prices are on the whole obtained. By having a sufficient number of factories to manage, the party or parties owning the property have a business that keeps them regularly employed, and of course the profits are sufficient to make it an inducement to manage all the details in the best manner. Take, for instance, a company with twenty factories. The supplies can be bought by one person and the product can be sold by one person with vastly more economy than on the old s...
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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. 1875 Excerpt: ...this system is somewhat complicated, Bince it necessitates a division of the business into several separate branches and each branch requires a competent agent or manager, to secure which often takes more money than can well be afforded. Now, if the establishments were organized on a plan by which the farmer treats directly with the factory--that is to say, simply delivers his milk and gets his pay for it on some basis of highest values--there would evidently be an improvement in the system, because it would relieve the farmer from the machinery entailed on the several branches alluded to and there would be less liability to loss. This is the new plan or change to which I have referred. Responsible parties are now taking hold of the factories and managing them as a business. The factories are owned and managed on the same principle as the manufactories of cotton, wool, iron, &c. The raw material or milk is purchased at the factory and the farmer has no further interest in it. The product manufactured is under the complete control of the proprietor of the factory. He disposes of it as he sees fit, either in the home or foreign market; and having a large quantity and being solely interested in the sales, he makes-it his business to keep posted in regard to the markets, and consequently better prices are on the whole obtained. By having a sufficient number of factories to manage, the party or parties owning the property have a business that keeps them regularly employed, and of course the profits are sufficient to make it an inducement to manage all the details in the best manner. Take, for instance, a company with twenty factories. The supplies can be bought by one person and the product can be sold by one person with vastly more economy than on the old s...
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