Ballast: Weight added to a boat to enhance stability. âThe J/24 has 950 pounds of lead ballast.â. Berth: A sleeping area on a boat. Also, a place where a boat is tied up. âWe slept in the forward berth while John and Amy slept in the quarter berthâ or âWe keep our boat in a berth at McDoodleâs Marina.â.
Lord Acton writes to Bishop Creighton that the same moral standards should be applied to all men, political and religious leaders included, especially since âPower tends to corrupt and absolute power corrupts absolutelyâ (1887) From: Acton-Creighton Correspondence (John Emerich Edward Dalberg, Lord Acton)
Monopolies In The Gilded Age. Rockefeller in oil, and Carnegie in steel The argument against monopoly is that it stifles innovation by stifling competition. There is no incentive to be efficient. There is no incentive to be innovative. There is no incentive to give good prices to the consumers.