“The Hudson's Bay Company, before their misfortunes in the late war, had been much more fortunate than the Royal African Company.”

—  Adam Smith

Source: (1776), Book V, Chapter I, Part III, p. 806.

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "The Hudson's Bay Company, before their misfortunes in the late war, had been much more fortunate than the Royal African…" by Adam Smith?
Adam Smith photo
Adam Smith175
Scottish moral philosopher and political economist 1723–1790

Related quotes

Edward Jenks photo

“The practice of creating chartered joint-stock companies of a modern type seems to have begun at the commencement of the seventeenth century; and the formation of the East India Company is one of the earliest, if not the very earliest, examples. At first, it appears, the 'joint stock' of the company was separately made up for each ship; perhaps for each voyage. But, in the year 1612 the Company made the momentous resolve to have one joint stock for the whole of its affairs, and thus inaugurated a new epoch. The East India Company, or Companies, (for there were two of them), were followed by the Hudson's Bay Company (1670), the existence of which was recognized by statute in 1707, and by the Bank of England and the notorious South Sea Company.”

Edward Jenks (1861–1939) British legal scholar

Source: A Short History Of The English Law (First Edition) (1912), Chapter XVI, New Forms Of Personal Property, p. 287

Thomas Young (scientist) photo

“have enumerated, in a compendious and systematical form, the principal facts which have been discovered with respect to galvanic electricity; and I have fortunately been able to profit by Mr. Davy's most important experiments, which have lately been communicated to the Royal Society, and which have already given to this branch of science a much greater perfection, and a far greater extent, than it before possessed.”

Thomas Young (scientist) (1773–1829) English polymath

Preface
A Course of Lectures on Natural Philosophy and the Mechanical Arts (1807)

“Too much company is worse than none.”

James Burgh (1714–1775) British politician

The Dignity of Human Nature (1754)

“The notion of corporate social responsibility (CSR) has gained momentum and is currently of strategic importance for many companies. Among Fortune 500 companies, as many as 90% have explicit CSR initiatives, more than half publish a separate annual CSR report, and most have senior executives responsible for CSR (Luo and Bhattacharya 2009; McKinsey & Company 2009).”

Christian Homburg (1962) German academic

Source: "Corporate social responsibility in business-to-business markets", 2013, p. 54

David Packard photo

“Set out to build a company and make a contribution, not an empire and a fortune.”

David Packard (1912–1996) American electrical engineer, co-founder of Hewlett-Packard, businessman, U.S. Deputy Secretary of Defense,…

Source: Bill & Dave, 2007, p. 394

“When Fortune is on our side, popular favor bears her company.”

Publilio Siro Latin writer

Maxim 275
Sentences, The Moral Sayings of Publius Syrus, a Roman Slave

“I believe quite simply that the small company of the future will be as much a research organization as it is a manufacturing company, and that this new company is the frontier for the next generation.”

Edwin H. Land (1909–1991) American scientist and inventor

Research by the Business Itself (1945), p. 81

“Misfortune and Fortune are eerily similar, but Fortune is a better dresser and more fun at parties.”

Janette Rallison (1966) American writer

Source: My Unfair Godmother

Indíra Gándhí photo

“As for the position they held in this war … well, I think they’ve been more skillful than the Americans. Certainly they’ve had a lighter touch—had they wanted to, they could have done more for Pakistan. Isn’t that so? It was the Americans who sent the Seventh Fleet into the Bay of Bengal, not the Chinese.”

Indíra Gándhí (1917–1984) Indian politician and Prime Minister

Oriana Fallaci. Interview with Indira Gandhi in New Delhi, February 1972

Related topics