Word: worth
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Dates: during 1910-1919
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Standish Hall 1: Stroke, Morgan; 7, Norton; 6, Downs; 5, Shapiro; 4, Wister; 3, Hanson; 2, Brander; bow, Wiggles-worth; cox., Lanman...
...fact: Under the Plumb plan (1) the railroads would be managed by the employees; (2) the employees of the railroads would be effective control over the hours they work and over the pay they would receive for that work; and asked the following question: How would the true worth of the railroad be estimated...
...five named by the President to represent the public; five elected by the operating officials; five elected by the classified employees; (2) this board of directors would have complete control over the hours the employees work and over the pay they would receive for that work; (3) the true worth of the railroads would be determined by the courts. JOSEPH HORBLIT...
...task is great, and well worth the efforts of out idealists, for the evils which surround us as many, and we are yet conscious of but few of them...
...that is not all. The railroads would be bought for their "actual value," whatever that may mean. Labor, according to Mr. Plumb, would not accept the present capitalization of the roads as a true statement of their worth. But how would the true worth be estimated? The courts have ruled that "just compensation" means payment at market value; Mr. Plumb says it does not--a bold assertion, indeed. Endless confusion and too many chances for manipulation are involved in determining this issue...