New-York tribune., 1908-02-08
UPHOLDS CORPORATION
e.. ". Perkins Tells Hoe II Is n
Source of GoOd

gorge ". Perkins OF the firm, Of ! p Nor-ar
4 Co ard qualified by experience TO discuss the
subject. delivered lecture on -'Corporations in
Modem business" a. Columbia University vester.
Gsy Nr. Perkins defended the cornorat tion told q,
erou1ion and usefulness. and said that notvith-
standing persistent determination to nlisl,n5er-
saad President Roosevelt oe latter had often pro-
claimed his belief in cortorations when properly
rasusEod
The speaker had large and enthusiastic sudi-
.-co- lie pretaced his lecture by saving that ths
corporation vas subject tha; he could discuss for
forty hours fcr1v DAYS instead of thar nr-,,e-
- minutes although he said that perhaps from
t7e present trend Of opinion. he was expected to
zzlk II i1s n adness
If Perkins said:
vii one another then by firm of TWO or more indi-
al11als: men ny 2 oonipany; then by corpora
and laiteTiy by giant corporation or what is
-rIe7 Hsr Sep vas bronshf ABOUT bv some Tea1
,tsnge that took place in the conditions under
which the people OF the world lived and worked,
ON sT n3 ventens Of 51 tha banlan mnd PS as
perhaps the most useful achievement cf the great
rs-firT.ls- line Of business ~ assembling rha
gwen l7e % trade. and oooTdinsiins these in work
fer common enc great results have beon attained
ucts- the expense - selling. and through better and
moro uniform service
We have heard MANY warnings that because of
the great corporation We have been rohbing the m
Ho1lrE s1sTs-fn ion o. Us cPlorlunltiss Nothing -
.-ztn Is the Office to! ultimately reach fore
-ros- pla-e L h. is made o. the right stuff if Re
kAeps eTeTlas-InSv st II and If he Is determined
10 aecorno master o. each position he ccoupies
1.7eFr Tl= public in being able - srandardlZe
rs .ares. that they have become more uni
rarullE good Wages arc HnqueStIonahly higher
srS Dor Is more steadily employed for in given
Ire n trade handled II a considerable extent hy
CORPORATION. there practically failures
while under the Old methods of bitter. relentless
rs-al,xis for labor = well for capital
During the last few months. when the campaign
So f-Sr
ros1cry turmoil ~ business rerpiexify and
Eouht. the people who Ne are told have 20 s'lf-
because Of the and bitterly OF
-asef n their existence have been investing IN
-reSe verz- securities 10 unprecedented extent
tn Illustrate During the last year The Stockhold-
cf the Great Northern Railway have increased
number from HOO. the stockholders
of rh1 PENNSYLVANIA Railroad have increased from
. - mo: the stockholders Of the New York
central have increa sed from 1osf1 n over -isE
During tire period the number OF stockhotders
The Steel Corporation increased by over "H-"s''
The total number Of individuals holding stock IN
-st corporation exceeds 1000 and the aver,
-E- holding the SSss 0f fa OF stock OF the steer
corporation * today about 9s shares person. on
-aer e nv question that these great institutions
have become semi public. and when We contemplate
-Ee alternative externliBafinG or Of regulating
EN- not realize that they aTe not oN neu
individuals. bun by a vast nuTnper OF Feo-
no representing thTiftleSt class
II spite Ct what apparently has nee1 n dllhoSt
-e-siSrerr determination tn ulIsunderSlaIlH OF u
-ore his READ purpose. the fact Is thaI fresden s
>-er York down - his message 70 congress last
week has repeatedly nroClaiICed ms tHefel -
-7a5ern industrial conditions arr s;lch ti<t
--.9c- rot Cri, necessary. hut inevitable: t7at
e-I- managed they are source - g''ed- a''o 'o|
-