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Updated: July 21, 2025
Not only is there call for a pooling of brains to look after the timid and unready, but there is need of combination to open the gates for the prepared and brave.
What he wanted to say was that the pooling of their stock would be a happy though accidental resultant of their marriage; what he actually said was that they ought to get married because then they would stand together against Stoddard. But Mary only listened with a wise, sometimes wistful, smile and assured him he was needlessly alarmed. It was that which drove him on that wistful, patient smile.
If our examples of Semitic art were confined to the Persian and later periods, they could only be employed to throw light on their own epoch, when through communication had been organized, and there was consequently a certain pooling of commercial and artistic products throughout the empire.
Hawke was an enemy to pooling bills and railways. Mr. Gwynn's interest was plainly with Mr. Frost. "Not that I care personally for the success of Mr. Frost," remarked Senator Hanway, "but I know how the railways desire that pooling bill, and how that pooling bill is a darling measure with Mr. Frost."
The device of the joint-stock fund had been increasingly relied upon by English adventurers as they sought the means for financing more distant and more expensive ventures. It had the advantage of pooling the resources of more than one individual, and of distributing the risk, and the Virginia adventure had depended upon joint-stock methods of finance from the beginning.
The investments had not turned out as they promised; not only had dividends been passed, but there had been permanent shrinkages. What was once an amiable competency from the pooling of their joint resources had dwindled to a sum that needed a careful eye both to the income and the outgo.
In 1872 the Labor Reformers demanded fair rates and no discrimination; in 1876 the Prohibitionists called for lower rates; in 1880 the Greenbackers stood for fair and uniform rates; four years later they urged laws which would put an end to pooling, stock-watering and discrimination, and in the same year the Republicans promised an act to regulate commerce if they were elected.
The Grand Trunk, beginning at Chicago and running through Michigan to Sarma; crossing at Niagara Falls and feeding the Lackawanna and Erie to New York; running to Boston through Vermont, etc., and also to Montreal; and the Alden line of steamers carrying cattle to England, as a healthy competition with our pooling trunk lines east from Chicago, is of enormous value to Chicago and all the shippers, cattle-dealers, grain-raises, farmers, and merchants of half a dozen States in the Northwest.
One of these comprised Bayer, Badische, and Berlin; the other Hochst, Cassella, and Kalle. "By pooling profits, by so arranging capitalisation that each company held stock in the other companies of its own cartel, and by other familiar means, the risks incident to the enormous expansion of the business and the immense increases of export trade were minimised.
"We know nothing but such science as we have worked out for ourselves, just the brain work of one small half-country; and you, we gather, have helped one another all over the globe, sharing your discoveries, pooling your progress. How wonderful, how supremely beautiful your civilization must be!" Somel gave a further suggestion. "You do not have to begin all over again, as you did with us.
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