Word: statement
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Dates: during 1900-1909
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...introducing the speaker Professor Wendell '77 gave a short outline of M. d'Avenel's career as an economist, concluding with the statement that he is the first lecturer to set forth the great economic changes which affect France today...
After a cursory review of the ground already covered, Mr. Mallock showed that the statement, made by socialists, that all capitalists are actuated by greed alone in the amassing of wealth was mainly true, but that the very admission of this fact shows how impossible it would be to reduce society to a coercive system. By placing all men on an equal basis and granting no advantages to exceptional ability, such ability would very soon cease to show itself. It has already been shown that the very essential of national wealth is managing ability, and thus, with its withdrawal...
...laid down in the last lecture, that labor was not the chief factor in wealth, but rather was a feature secondary to management. Mr. Mallock stated that the greatest modern thinkers on socialism had abandoned the idea that wealth was due to labor alone, and had agreed with the statement quoted above. These men form a new school of socialism, which undertakes to justify the idea that, notwithstanding the fact that management is the essential in producing wealth, the laborer should receive his just "per capita" average. Four arguments were put forward, and treated by the lecturer...
...third argument goes to show that the real achievements of genius are merely due to the development of the past generations and not to any especial skill of the individual. The fourth statement closely resembled the third, alleging that inventions, due to the development of the times and not to genius, were due the country at large, and not individuals. The fallacy of these last two statements is easily seen, when it is considered how many men there were in Shakespeare's time, who enjoyed the same conditions under which he worked, but how few real Shakespeares there were...
...speech, after a discussion of the athletic question, in which he expressed himself as favorable to intercollegiate contest, the President devoted the greatly part of his attention to a statement of the great problems of the day, and related several interesting anecdotes from his personal experience...