"Margin of profit" Quotes from Famous Books
... answered by another workman, who read statistics to show that, after a hundred years of trial, the co-operative system had not extended beyond a narrow circle. "There were too many greedy employers and too many helpless workmen. Competition narrowed the margin of profit and hardened the heart of the master, while it increased the number of the wretchedly poor, who must work at any price that would maintain life." [Applause.] "The cure must be more radical than that." ... — Caesar's Column • Ignatius Donnelly
... company from the Government of the Straits Settlements for $1.20 a tael (about one-tenth of a pound troy) and, after being adulterated with various substances, is sold to the opium farmers, nearly all of whom are Chinese, for $8.50 a tael, the company thus making a very comfortable margin of profit on the transaction. The opium farmers either keep opium dens themselves or sell the drug to anyone wishing to buy it, just as a tobacconist sells cigars and cigarettes. The sale of the opium privilege in Sandakan alone nets the government, ... — Where the Strange Trails Go Down • E. Alexander Powell
... noteworthy article the other day, undertook to prove that a great manufacturing and trading nation might lose its customers without being much the worse for it, but this seems too good to be true; I fancy Yorkshire and Lancashire would say so. Is it not that very margin of profit of which The Times speaks so lightly, which, being accumulated, has created the wealth of England? Your manufacturers are certainly under the impression that they want markets, and the loss of the great American ... — Lectures and Essays • Goldwin Smith
... women of small capital and of a character in which are combined iron self-restraint, rabbit-like timidity, and great shrewdness, who make often a not inconsiderable income by gambling in stocks. They buy only when the market is advancing strongly; they sell as soon as they have gained the scantest margin of profit. They never permit themselves to be tempted by the most absolute certainty of larger gains. They will let weeks, months even, go by without once risking a dollar. They wait until they simply cannot ... — The Price She Paid • David Graham Phillips
... cotton to Thorn from the jump. Explained to him that there was nothing in this digging gopher holes in the solid rock and eating Chinaman's grub for the sake of making niggers' wages. Allowed that he was letting other fellows dig the holes, and that he was selling them at a fair margin of profit to young Eastern capitalists who hadn't been in the country long enough to lose their roll and that trust in Mankind and Nature which was Youth's most glorious possession. Needed a bright young fellow to help him—someone who could wear ... — Old Gorgon Graham - More Letters from a Self-Made Merchant to His Son • George Horace Lorimer
... will often need supplies, repairs, and so on; and as we have men capable of doing anything in the way of refitting, Muller could keep things going, and carry on a business that should pay all expenses, and would probably leave a margin of profit. At any rate, the house would not go to wreck and ruin, and the ... — At Aboukir and Acre - A Story of Napoleon's Invasion of Egypt • George Alfred Henty
... the amount which should properly be awarded for wages,—both wages and profits have to be paid out of the price paid by the consumer. If, whether by collective bargaining or by strikes, or by judicial regulation on the part of the public authorities, an attempt is made to narrow unduly the margin of profit on capital, then there is likely to be a period of industrial dislocation, and every class in the community is likely to suffer."[57] But the idea has all the misleading effects which have been attributed to that general theory of distribution of which it is a corollary. ... — The Settlement of Wage Disputes • Herbert Feis
... of the greater difficulty of sea communication must be to destroy the margin of profit which enables the British capitalist to carry on his works, while the effect of all these causes taken together on the credit system upon which our whole domestic economy reposes will perhaps be understood by business men. Even if this state of things should last only a few months, it certainly ... — Britain at Bay • Spenser Wilkinson
... therefore, little inducement to extract, at a certain expense, a substance the value on which they were not permitted to realize; but under ordinary circumstances the distillation of the rum not only covered the cost of refining, but gave, in addition, a fair margin of profit. ... — The Former Philippines thru Foreign Eyes • Fedor Jagor; Tomas de Comyn; Chas. Wilkes; Rudolf Virchow.
... ore, then, depends on its relation to a market,—whether, after meeting the cost of transportation, it can be sold at prevailing market prices at the consuming centers, and can still leave a fair margin of profit for the mining operation. The price equilibrium between consuming centers affords a reasonably uniform basis against which ... — The Economic Aspect of Geology • C. K. Leith
... "sold the eightys for ONLY a guinea a pound! I never heard of such a thing." The apprentice could not help overhearing the remark, and it set him a-thinking. He knew the price of cotton and the price of labour, and concluded there must be a very large margin of profit. So soon as he was out of his time, therefore, he determined that he should become ... — Industrial Biography - Iron Workers and Tool Makers • Samuel Smiles |