Word: tradesmen
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Dates: during 1900-1909
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...John Harvard. His parentage, education, and life were a mystery. Since 1884, through the researches of a Harvard man, Mr. Henry F. Waters '55, more has been found about John Harvard than about almost any other man of colonial times. We know that he and all his kindred were tradesmen--butchers, cloth makers, coopers, goldsmiths--and that for several generations they lived in Southwark, one of the humblest quarters of London...
...seem to be under the impression that an organization cannot transact business unless it is under exact legal liability at every point. They forget, or do not know, that modern business is done on credit and not on legal liabilities. A student under age is trusted for luxuries by tradesmen not because he can be sued, but because his honor will cause him to pay. And so the Co-operative can get credit not because its legal liability is fixed on certain persons, but because it has always paid its bills...
...carried the case to the Supreme Court of Massachusetts last fall. Mr. Samuel Hoar '67, attorney for the University, argued that Harvard was a benefit to the city in many ways because it gave prestige to the city, increased the value of property, and was an advantage to tradesmen. The case was won by Harvard, and the $11,000 which had been collected in taxes for the years 1897, 1898, and 1899 have just been paid back. The Supreme Court held that the test which should decide whether property is taxable is whether it is used for investment...