Organization and Forces

Organization and Forces

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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. 1894 edition. Excerpt: ...the owner is primarily to blame for this. lle can have what he wants. It is for him to decide. But his decision will vary according to his temperamcnt and methods. One of the greatest capitalists in America has said that there is no neccssity for keeping accounts in connection with the construction of railroads; all he wants to know is that the money goes into the work. But how can he, away from the property, know this? How judge of the fidelity, economy and wisdom exercised without an itemized statement of cost without reviewing the expenditures? The present method of judging of the intelligence and care used in constructing a road is generally defective; it is based largely on surmise; a belief in our fellow man, or a disbelief in him. We agree that the work has been honestly and skillfully performed, or the contrary; we look over the accounts; we analyze them; we listen to the story of the official in charge. This is not enough. If he has been deficient, it is impossible thus to discover it. Such is the potency of words when addressed to those already prepossessed, or who have no means of measuring their value, that the explanations of unfit men, instead of demonstrating their inefficiency, will, very likely, have the effect to build up confidence in them. We must have a better standard in business matters. What is it? In the case of railway construction we may partially find it by careful classification of accounts; by full and complete statements. But this is not enough. It is only by a resurvey of the property that the object can be fully attained. Definite information can only thus be secured. A resurvey may not bring any money back into the treasury, but it will prove a source of future saving if existing methods and men more

Product details

  • Paperback | 104 pages
  • 189 x 246 x 6mm | 200g
  • United States
  • English
  • black & white illustrations
  • 123693234X
  • 9781236932341