Political Quotes

On the record
Most of the great industrial organizations, and many of the well-conducted railways of this country, are coming to the conclusion that a system of pensions for old employees, and the substitution therefor of younger and more energetic servants, promotes both economy and efficiency of administration.
Said by
Bill Taft
Republican · Ohio

Editor's note · Context

Taft notes that many organizations recognize the benefits of pension systems for older employees to enhance efficiency.

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presidency.ucsb.edu

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