Word: opinions
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Dates: during 1900-1909
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...Directors in a communication has told us that the stockholders will be subject to the force of public opinion, but public opinion only works on the knowledge that is available to the public, and when the public has a means of making its desire felt. It cannot be denied that, if the plan proposed is adopted, the influence of public opinion on the control will be weakened...
...them in the face the possibility that their plans may be reversed by a handful of men elected at a non-representative meeting. Therefore, the thing that is needed is a guarantee of stability, a permanent board of control which can maintain a uniform policy regulated always by public opinion. Such an end, it seems to me, can be best attained under the proposed method of reorganization, by which certain members of the Faculty will, as stock-holders, appoint the Board of Directors. We shall then have not only a permanent board, but one which will include representatives...
...been elected had they represented a less desirable policy. In other words, given the wide-spread and habitual apathy which characterizes the members of the Society, the power of the members to elect officers and thus determine directly the policy of the Society, tends to defeat government by public opinion, it does not tend to secure it. The mere fact that persons can carry a change of policy by inducing a hand-full of persons to come to the annual meeting makes it unnecessary to acquaint the members at large with the proposal to inaugurate a change. Men who habitually...
...charge of a business effecting sales of $250,000 a year, from time to time must inaugurate changes of policy as to which there is room for honest and intelligent differences of opinion. Such men are entitled to an intelligent verdict upon their policy. On the other hand, a poorly attended annual meeting affords no guarantee whatever of such a verdict. The men in charge of the Co-operative Society are entitled to an intelligent verdict, not only in their own interest, but above all in the interest of third persons and innocent persons whom they are morally bound...
...carelessness, but should also tell whether the management was growing more or less costly; what was the margin between the price at which the Society bought and the price at which it sold; and how that margin was divided between expenses and dividends. The Directors believe that public opinion will prevent any future body of shareholders from depriving the ticket-holders of those safe-guards of their rights to be found in such statements as were submitted at the last annual meeting. H. R. MEYER