Book-bot.com - read famous books online for free

Scientific American Supplement, No. 530, February 27, 1886 by Various
page 16 of 145 (11%)
professional knighthood, but who cherish a high and honorable ambition,
my suggestions are chiefly addressed.

An ever present stumbling block in the path of the young engineer is what
is lightly spoken of as the "customary commission"--a percentage paid him
on the price of machinery and supplies purchased or recommended by him.
That manufacturers expect to pay commissions to engineers who are
instrumental in effecting the sale of their products is a striking proof
that the standards of business morality are quite as low as I have
assumed them to be; that engineers do not unite in indignant protest
against the custom, and denounce as bribe-givers and bribe-takers those
who thus exchange services, shows that the iron has entered the souls of
many who may be disposed to resent such plain terms as those in which I
decree it my duty to describe transactions of this kind.

The young man who is tendered a commission will naturally ask himself
whether he can accept and retain it, and may, perhaps, reason somewhat in
this way: "My professional advice was given without expectation of
personal profit other than that earned in my fee, and it expressed my
best judgment. The price at which the goods were purchased was that which
every consumer must pay, and was not increased for my advantage. The
transaction was satisfactory to buyer and seller, and was concluded when
payment was made. I am now tendered a commission which I am at liberty to
accept or to decline. If I decline it, I lose something, my client gains
nothing, and the remaining profit to the seller is greater than he
expected by that amount. If I accept it, I do my client no wrong. If it
is the custom of manufacturers to pay commissions, it must be the custom
of engineers to receive them; and there is no reason why I should be
supersensitive on a point long since decided by usage." This is false
reasoning, based upon erroneous assumptions. Why do manufacturers pay
DigitalOcean Referral Badge