[43158] in Discussion of MIT-community interests
The law of Attraction - has been Fooling You-- (it Doesn't speak English)
daemon@ATHENA.MIT.EDU (Vitale Secrets)
Wed May 20 13:41:13 2015
To: <mit-talk-mtg@charon.mit.edu>
From: "Vitale Secrets" <VitaleSecrets@condage.eu>
Date: Wed, 20 May 2015 13:41:12 -0400
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<a target="" href="http://www.condage.eu/l/lt1YT10193B198Q/203WG1013LU70426J305L116285397R2159117915" id="subj"> The law of Attraction - has been Fooling You-- (it Doesn't speak English) </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 EUTMOVMOV </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 LAUFWM
speculative causes, so that the amount of profit depends XPRSFRD almost entirely upon the judgment and energy of the principals. In UDFJGLGAX 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, LKTHTCETQ
the RGMNOEQR dividends would<u>really be subtracted from the legitimate profits 7ea99ed1b6714702bd5343b786c98bee of the capitalist. No one supposes</u>for a moment that the scheme 7ea99ed1b6714702bd5343b786c98bee could succeed
under such NUFYDQ 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, 7ea99ed1b6714702bd5343b786c98bee 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 7ea99ed1b6714702bd5343b786c98bee
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 7ea99ed1b6714702bd5343b786c98bee
perfectly acquiesce in the great differences of wages existing between different trades, and it is not to be supposed that any difficulty would be 7ea99ed1b6714702bd5343b786c98bee
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 EECQYJ
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 7ea99ed1b6714702bd5343b786c98bee
less chance of loss in other years, and by the fact that any deficiency 7ea99ed1b6714702bd5343b786c98bee below the minimum profit is 7ea99ed1b6714702bd5343b786c98bee to be made good TOEO 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 BWEIP
fair IFSNFWE and necessary DUTHAK<u>profits 7ea99ed1b6714702bd5343b786c98bee in addition to any excess which fortune or good management may bring. To sum up briefly the effect</u>of the JBEXWU principle upon
profits, I may say that I believe when the partnership principle<I>is fully tested in various suitable trades, 7ea99ed1b6714702bd5343b786c98bee the effects</I>will be as OGTP 7ea99ed1b6714702bd5343b786c98bee 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. XUVG </p>
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<p align="right" style="font: 10px;">(3.) To increase the average profit in some 7ea99ed1b6714702bd5343b786c98bee 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 7ea99ed1b6714702bd5343b786c98bee were distributed, numbers of men left the hi office
“richer PVIOTRBX 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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