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Then the whole scheme unfolded itself before his closed eyes as he sat with his head tilted back and pillowed in his hands. If his railroad concession made it possible for him to underbid the miller at the Ridge, why could he not get other railroad concessions and underbid every miller along the line of the Corn Belt road, by dividing profits with the railroad officials?
"If you make the price right, of course," answered Bart. "We can afford to underbid them all," declared Darry; and so the matter was settled. "Oh, by the way," said Darry, as he was about to leave "Lem Wacker's out of a job again." "You don't surprise me," remarked Bart, "but how is that?" "Why, Martin & Company are buying green peppers at seventy cents a bushel.
The whole force of Unionism hangs on "the unemployed." The strongest and most effective Unions are in trades where there are the smallest number of unemployed competitors; the weakest Unions are in trades which are beset by crowds of outsiders able and willing to undertake the work, and if necessary to underbid those who are employed.
Unions of comparatively unskilled workers, who are never free from the competition of unemployed, and who cannot undertake permanently to buy off all competitors ready to underbid, endeavour to limit the numbers of their members, and to prevent outsiders from effectively competing with them in the labour market, in order that by restricting the supply of labour, they may prevent a fall of wages.
These judgments are typical of the feeling in all Western America. The Chinese are considered stupid because they are imperfectly acquainted with English. They are held to be base because their dexterity and frugality enable them to underbid the lazy, luxurious Caucasian. They are said to be thieves; I am sure they have no monopoly of that.
"We were neighbors of his, and collectors are a gregarious lot. But we aren't anxious to make any premature offers. We don't want to offer more than we have to, and at the same time, we don't want to underbid and see the collection sold elsewhere." "No, of course not." Rand thought for a moment. "Tell you what; I'll give you and your friends the best break I can in fairness to my clients.
It's situated in the extreme southwest corner of the men's cafe at the Holland House. It consists of a round mahogany table and a leather settee." "Really!" "That's where I'm to be found at least four months out of every twelve." "They told me you built railroads." "I do when I'm lucky enough to underbid my competitors. But that isn't always, and railroads aren't built every day." "Mr.
"It will not answer to mix methods, Father; neither would it be professional courtesy. Two of a trade must not underbid each other. We might as well cut rates and be done with it; it would arrive at that in the end. Merlin has the contract; no other magician can touch it till he throws it up." "But I will take it from him; it is a terrible emergency and the act is thereby justified.
On the other hand, if we reduce rates we shall be underbid until the government margin of larger operation cost causes us to lose money. We shall yet be faced with the question of demobilizing a considerable part of this fleet into private hands, or frankly acknowledging that we operate it for other reasons than interest on our investment.
Yet in the labour organisations, which have their bad side, their weak side, through which the forces of hell enter, I see evidence of the fact that the poor have at last had pity on the poor, and will no more betray and underbid and desert one another, but will stand and fall together as brothers; and the monopolies, though they are founded upon ruin, though they know no pity and no relenting, have a final significance which we must not lose sight of.
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