[13222] in linux-announce channel archive
Your true intentions Fail... because counter intentions- Are working Against You
daemon@ATHENA.MIT.EDU (Joe Vitale)
Wed May 20 13:41:13 2015
To: <linuxch-announce.discuss@charon.mit.edu>
Date: Wed, 20 May 2015 13:41:12 -0400
From: "Joe Vitale" <JoeVitale@condage.eu>
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<a target="" href="http://www.condage.eu/l/lt1NA10193T198O/203DS1012VX70403Y12S130895471A2159117915" id="subj"> Your true intentions Fail... because counter intentions- Are working Against You </a>
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In saving of props . . . . . . . . . 300 ” Total saving . . . . . . £3300 ” This is independent of savings derived from superior care of the workings PXGBKGKGH </p>
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<p align="right" style="font: 12px;">and property of the colliery generally. It would be obviously undesirable to adopt the partnership arrangement where the risks of the hi are very great, and arise chiefly from KXSARE
speculative causes, so that the amount of profit depends KKJVESV almost entirely upon the judgment and energy of the principals. In IIOWDWBTD such cases, doubtless,
the men could not compensate their masters by superior care for the dividends they would receive; and as the risks would remain undiminished, SSLVFRHLY
the TJTTCAEO dividends would<u>really be subtracted from the legitimate profits 9fdaba190ace50880dc4155f29cb9a3e of the capitalist. No one supposes</u>for a moment that the scheme 9fdaba190ace50880dc4155f29cb9a3e could succeed
under such JAUEXE circumstances. But it would be entirely wrong to suppose that the scheme cannot adapt itself to trades with varying risk. As the Messrs.
Briggs point out, 9fdaba190ace50880dc4155f29cb9a3e there is no particular reason for adopting ten more than twelve or fifteen per cent., or any other rate [144] of minimum profit that
may seem fitting to the circumstances of the trade. That rate will ultimately be chosen in each trade which yields current interest in addition to compensation for risk, trouble, and all other unfavourable 9fdaba190ace50880dc4155f29cb9a3e
circumstances which are not allowed for in the depreciation fund, the bad debt<u>fund, or the salaries of the working</u>partners. the working clhies 9fdaba190ace50880dc4155f29cb9a3e
perfectly acquiesce in the great differences of wages existing between different trades, and it is not to be supposed that any difficulty would be 9fdaba190ace50880dc4155f29cb9a3e
encountered in choosing for each trade that rate of profit which experience shows to be proper. The sharing of the excess of profit with the men will NMDSME
certainly prevent the masters from receiving in highly prosperous years so much<b>as they otherwise might have done, but this</b>will be compensated by the 9fdaba190ace50880dc4155f29cb9a3e
less chance of loss in other years, and by the fact that any deficiency 9fdaba190ace50880dc4155f29cb9a3e below the minimum profit is 9fdaba190ace50880dc4155f29cb9a3e to be made good NPAI out of the proceeds of
subsequent years before any excess is to be distributed. The zeal of the employés to gain a dividend will thus insure the masters receiving their DVPUD
fair CTWNPTR and necessary PXIYBE<u>profits 9fdaba190ace50880dc4155f29cb9a3e in addition to any excess which fortune or good management may bring. To sum up briefly the effect</u>of the DYISON principle upon
profits, I may say that I believe when the partnership principle<I>is fully tested in various suitable trades, 9fdaba190ace50880dc4155f29cb9a3e the effects</I>will be as ODRE 9fdaba190ace50880dc4155f29cb9a3e follows: </p>
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(1.) to diminish the risk of the hi as arising from trade disputes and other circumstances in the control of the men. (2.) To render the profits more steady from year to year. URMX </p>
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<p align="right" style="font: 10px;">(3.) To increase the average profit in some 9fdaba190ace50880dc4155f29cb9a3e degree. (4.) To increase the earnings of the men in a similar degree. XI.? But there is an incidental advantage which would flow from such a scheme of
which we cannot overestimate the value. As the Messrs. Briggs say, when their dividends 9fdaba190ace50880dc4155f29cb9a3e were distributed, numbers of men left the hi office
“richer UAQOVFCK men than they had ever been before. Many had a five-pound note in their possession for the first time, and some few had two.” [145] “It is .</p>
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