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Updated: May 17, 2025
But it is not correct to say, as has been said frequently, that it is greed and dividend-hunting that have characterized the policy of the steamship companies in their failure to provide safety appliances: these things in themselves are not expensive.
The American iron and steel industries have been drawn together and developed in a manner that is a necessary preliminary to the capture of the empire of the seas. That end is declaredly within the vista of these operations, within their initial design. These things are not the work of dividend-hunting imbeciles, but of men who regard wealth as a convention, as a means to spacious material ends.
They are a shining reproof to all low-grade German "ruby" enamels, so-called "boort" facings, and the dangerous and unsatisfactory alumina compounds which please dividend-hunting owners and turn skippers crazy. The rudder-gear and the gas lift-shunt, seated side by side under the engine-room dials, are the only machines in visible motion.
When he broke off, Carrington, who had listened with the veins swelling on his forehead, rose suddenly. It was evident that he had allowed his passion to master him. "Will you all turn against me, you dividend-hunting traitors?" he thundered. "You whom I brought here, and spent the best of my life for, squandering my daughter's patrimony on this colony until she too sets her will against me.
The well-to-do and educated do already limit their families; and for the poorer classes to breed and propagate indefinitely is only to play into the hands of the dividend-hunting rich by increasing the supply of cheap labour, while at the same time the general standard of the population becomes more and more degraded.
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