Word: reasonably
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Dates: during 1920-1929
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...without being hampered by the further stringent regulations in force at Fogg. There one finds the use of books outside the Reading Room verboten. In the case of volumes of prints, some slight cause exists in the possibility of damage in transit; but for ordinary textbooks there is no reason for not having the same opportunity of taking books to one's room as in the other departments of the Library...
Aside from the obvious meaning of the last statement, there is a very definite reason for the prevalence of Harvard men in the Investment field. Bond selling requires certain very definite characteristics in the way of background, education, and training, most of which most Harvard men may be assumed to possess. The technical requirements at the start are nil; a man entering the field can learn whatever is required of him, and as he progresses, his actual knowledge of investments will increase in direct proportion to the amount of effort he puts into learning his subject. Above all, a certain...
...reason for this is not difficult to see. At the start, the runner, messenger, or Junior clerk is doing work that requires no more intelligence than a bright boy just out of grammar school and his services are worth no more than the same bright boy. While he is performing these lowly tasks, however, he is getting the "feel" of the business, which is most essential. He is learning not only what investment banking is all about, but he is learning the way in which it ties into other industries; not only the difference between a stock and a bond...
Jack and Jill have a poultry farm, Where all the fowls walk arm in arm; They don't worry and they don't care, It's no Misery Farm down there! What's the reason? I'll tell you- Cock-a-doodle-doodle...
There is, of course, no good reason why the professional executive should not be successful in many and varied lines. The emphasis in U. S. industry has shifted from production to distribution, and a distribution expert should be able to function with equal facility whether he is distributing Montgomery Ward merchandise or Johns-Manville roofings. Furthermore, he is always working with other executives who have grown up with the company. Thus President Brown has as his Board Chairman William R. Seigle, who has been with Johns-Manville for 29 years...