Word: trading
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Dates: during 1880-1889
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...furnishings have been moved into a room adjoining the regular office and the stock has been increased to double or treble its former size. The goods are inferior to none which are sold in Cambridge, and as all goods are guaranteed we think the society ought to have the trade of all Harvard men. The Society has lately made the suits of the freshman lacrosse and the '88 tug-of-war teams and is now engaged on the uniforms of the junior crew, and it has, in all cases, given perfect satisfaction...
...possible grade obtained with the same amount of capital and goods. And this surplus must be due to the superior ability of the man himself, since in the same town with the same amount of capital one man will clear more in a year than another at the same trade. This then being established, Mr. Walker claims that it is logically true to say that those men who simply clear expenses each year ought to be the employed and not the employers, since they are using up the capital invested in their business without gaining, as the other better business...
...takes the matter into its hands and builds a rival road. Competition in railroading is different from that in other lines of business. In the case of a store, if the proprietor reduces the prices on his goods so far as to lose money on them, he gets more trade, loses more money, end is speedy bankruptcy. In the case of railroads, the running expenses are about the same, no matter how much carrying trade they have. If, now, by lowering their rates to a losing point, they gain their rivals' business, this increase will be enough to pay them...
Members of Political Economy I. A. are expected to review the subject of international trade and value, for the first recitation after the recess...
...prototypes of all universities, Bologna and Paris. The causes which made these institutions possible are the same. When the crusades had thoroughly leavened the social and mental structure of Europe, the municipalities of Lombardy demanded a corps of trained administrators to cope with the problems of a vigorous trading policy and intense political strife. This tendency was localized by the pitching of Irnerius and an able body of successors who maintained the glory of the school. At the beginning of the 13th century there were 10,000 students in Bologna; toward the end of the century the number had doubled...