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Updated: June 3, 2025
An important factor in the development of large corporations was the increasing use of the corporation form of industrial organization, as contrasted with the co-partnership plan.
I now withdrew from the co-partnership with Boggs, and, in May, 1860, removed to Galena, Illinois, and took a clerkship in my father's store. While a citizen of Missouri, my first opportunity for casting a vote at a Presidential election occurred.
Nor is the still more persistent and universal opposition of capital and labour really less amenable to reconciliation, because in this case also the two factors in the problem are equally necessary to social progress, and we shall not enter on the various practical solutions co-operation, co-partnership, partial state-socialism, &c. which have been proposed for a problem which no one believes to be insoluble.
These two nations are so utterly distinct in their racial characteristics, in their practical ideals, in their religious sanctions, and in their sense of civic and national responsibility that they cannot live harmoniously side by side unless under the even-handed control of a just central authority, in which at the same time they have full co-partnership.
And nothing could in the end more certainly lead to war and revolt than the decline of the military spirit and loss of prestige which would inevitably follow if man admitted woman into political co-partnership.
Suspicion of a deeper fraud being thereby aroused in the mind of his partner, time, and a sifting investigation of the affairs of the house, revealed the astounding fact that Parker had abstracted in money, and given the notes of the firm for his own use, to the enormous amount of fifty thousand dollars. A dissolution of co-partnership took place in consequence.
In this particular essay he asks us to get rid of the idea that the family, as at present constituted, is the highest form of human co-partnership. "The people who talk and write as if the highest attainable state is that of a family stewing in love continuously from the cradle to the grave can hardly have given five minutes' serious consideration to so outrageous a proposition."
Suppose again, that two merchants, though living in different parts of the world, should enter into co-partnership together, the advantage or loss of one becomes immediately the advantage or loss of his partner, and the same fortune necessarily attends both.
Time out of mind the Commons have viewed with the utmost jealousy any effort of the House of Lords to obtain co-partnership with them in the control of the finances of the State; and, in pursuance of that traditional policy, the peers have recently, after appeal to the country, been shorn of the last vestige of financial control.
On my return to Taos I learned that Uncle Kit and Jim Bridger had formed a co-partnership, for the purpose of trapping the coming winter in the Wind River mountains, which were about seven hundred miles from Taos, and had employed Johnnie West, Charlie Jones and Jake Harrington to trap for them, and in a few days after my return from the City of Mexico we made the start with thirty-two pack-animals, besides our saddle-horses.
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