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Maybe Benton'll be in before night." She went back to the hotel. But St. Allwoods, in its dual capacity of health-and-pleasure resort, was a gilded shell, making a brave outward show, but capitalizing chiefly lake, mountains, and hot, mineral springs. Her room was a bare, cheerless place. She did not want to sit and ponder. Too much real grief hovered in the immediate background of her life.

It is a very attractive and interesting argument, and in some instances it is legitimately used. But there is a line you cross, above which you are not capitalizing your earning capacity, but capitalizing your control of the market, capitalizing the profits which you got by your control of the market, and didn't get by efficiency and economy. These things are not hidden even from the layman.

It is controlled by a little group of insiders, who followed the custom of rail-road-wrecking familiar to students of American industrial life: buying up new lines, capitalizing them at fabulous sums, and unloading them on the investing public; paying dividends out of capital, "passing" dividends as a means of stock manipulation, accumulating surpluses and cutting "melons" for the insiders, while at the same time crushing labor unions, squeezing wages, and permitting rolling-stock and equipment to go to wreck.

We have seized the idea of capitalizing for such men their future prospects, and cashing their talents by discounting what? time; securing the value of it to their survivors.

Yet it was a mistake in tactics. It enabled the Republicans to assert that, whereas they had sunk partisan differences during the war in order to secure the victory of the nation, Wilson was now capitalizing the war and foreign problems to win a partisan advantage.

This spirit explains the success of the Carnegie Company in outdistancing all its competitors and gaining a worldwide preeminence for the Pittsburgh district. But Carnegie did not make the mistake of capitalizing all this prosperity for himself; his real greatness as an American business man consists in the fact that he liberally shared the profits with his associates.

Nevertheless the competitive conditions of the time, combined with the necessarily more or less crude and hazardous methods adopted in financing and capitalizing the enterprise, prevented the credit of the organization from reaching a sound and secure level. The Tennessee properties especially proved an encumbrance, and they were almost immediately threatened with bankruptcy.

For this reason her relatives and friends become panic-stricken when she becomes angry, for they know that she does not hesitate to make an embarrassing scene. In the efforts to conciliate her they are apt to give her her own way, as a result of which she is the proverbial spoiled child, capitalizing her weakness.

She lacked the special training which alone could make any sort of self-respecting life possible. The only thing she had to capitalize when she left her husband's house, was the thing which had got her into it her sex charm. The only excuse for capitalizing that again was that it would make it possible for her to acquire a special training in some other field.

In the economic order, monopoly contributes to the increase of comfort, in the first place by adding to the general wealth through the perfecting of methods, and then by CAPITALIZING, that is, by consolidating the conquests of labor obtained by division, machinery, and competition.