This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1918 edition. Excerpt: ...that explains why you are finding so little of the stuff you were sent for. They are pretty modest people at the International, and the chances are you have so filled them with your own perfections that they are a little afraid or ashamed to reveal theirs. Your rule No. 1 on this trip is to use your ears and ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1918 edition. Excerpt: ...that explains why you are finding so little of the stuff you were sent for. They are pretty modest people at the International, and the chances are you have so filled them with your own perfections that they are a little afraid or ashamed to reveal theirs. Your rule No. 1 on this trip is to use your ears and not your tongue. By applying the padlock in the proper place you will find you can get a whole lot farther in much less time, and besides you will need only half the equipment. Speaking of equipment reminds me of the fire we had at the plant five years ago. We had been pretty careful about insurance matters, and were cautious always to carry enough. We were able to talk turkey to the insurance company, and show them through the detailed perpetual inven-When Lack rf tories just how much raw mate- ls and supplies we had on hand; and the same was true of our work-in-process. We had little trouble, therefore, in making a satisfactory deal on these. However, when we came to talking about the equipment and machinery, I felt pretty foolish I can tell you. We simply had to surrender hands down, and take the terms offered. Here we were, one of the biggest plants in this section, and one of the best equipped, too, but all we had to show for it was an account in the ledger called "machinery and equipment," which said we had some of that to the tune of about $450,000. When we wanted to find out how this amount was made up, or in other words, just what part of this each machine represented, we simply had to wave the white flag. It couldn't be done. The insurance company had their appraisers about the plant for a few days, and when they suggested an appraisal of the machinery which the fire hadn't damaged, they to pay the difference between this and...
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