The Lever - A Novel by William Dana Orcutt
page 23 of 327 (07%)
page 23 of 327 (07%)
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"All of which the Consolidated Companies claims to be doing, or about to do, upon a scale which makes similar past achievements seem insignificant," interrupted Kenmore. "Yes," Gorham assented, "but with a fuller appreciation that these accomplishments are not the results alone of individual ability, but far more of the exercise of the corporate power placed in its hands, not for its unlimited personal gain, but intrusted to it by law for public advantage. The law confers upon a corporate organization a power far beyond that which any individual himself could obtain; it enables him to make use of capital which thousands have contributed, toward whom he stands in a relation of trust, and without whom he could not accomplish the individual triumphs which become so magnified in his own mind, and for which he demands so great a recompense. The Consolidated Companies considers itself bound to use franchise privileges and corporate organization for the equal benefit of all those who contribute of their capital, with due regard for those public interests which corporations are created to serve, and to rest content with a fair return upon its own capital and a reasonable compensation for their services, on the part of the officers of the enterprises of which it assumes the responsibility and direction." "How long do you think the Consolidated Companies can be run upon such altruistic principles?" "As long as Robert Gorham remains its president and as long as those men whose names you have seen there remain its directors. This is my pledge. When the Consolidated Companies, intrusted with the power, credit, and resources of the many corporations which are and will be included in |
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