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In Transit Volume 12, No. 11

In Transit Volume 12, No. 11


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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1904 edition. Excerpt: ...upon all business propositions. He had some means, and purposed to save as much an possible out of the, to him, assured wreck of the Getrox concern. This man was John Brown, a known capitalist. With Brown the most profitable way out was by the appointment of a receiver to sell the property and settle the affairs of the company. He purposed to use his business cunning to that end. Brown had a proposition. He would advance the company $1,000 to make up the already created deficiency, under the condition that the wages of all employes be reduced 20 per cent for the succeeding three months; then, if no profit was in sight, another similar reduction should be made. This was agreed upon, and thus Brown accomplished his first step toward capturing the entire property of the company. The following week the workmen at Hotchkiss were served with notice of the reduction. The result may be best understood by listening to a conversation taking place some days later, at Hager, a more favorably located lumber camp. "Ever work in the lumber woods?" asked Manager Kelley of the Hager camp. "Been at the business for years," replied Jerry White. "Where were you last employed?"' 'Over at Hotchkiss." "How d'ye come to leave there?" "They got a new manager over there, and he cut down the wages. Can't live over there any more. All leaving." 'Guess that camp's seen its best days. All handy timber's been, pulled in. Well, i'm abort o' help here, and if there's any more over there wants work, tell 'em to come 'long. Tell 'em all to come what's had any 'sperience. Also, want all the teams l can get. Good business here for five years." ln less than one month after this conrer sation more than one-half the...


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Product Details
  • ISBN-13: 9781234262556
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 28
  • Spine Width: 2 mm
  • Width: 189 mm
  • ISBN-10: 123426255X
  • Publisher Date: 16 Jan 2013
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 68 gr


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