In some instances the churches are pooling their interests in the support of a common recreational program.
We will first prohibit thepooling by which they have restricted competition at these points.
In pooling traffic, each company paid either the whole or a percentage of their traffic receipts into a common fund, which was divided among the companies forming the pool, according to an agreed ratio.
Pooling was abolished, but the agreements to maintain rates were still kept up and were fairly observed.
The anti-pooling clause (pretty generally recognized by the well-informed to be a mistake) prevented open but not secret agreements between carriers, and probably hastened the movement toward consolidation.
Semi-tontines" followed, partly meeting the difficulty bypooling only the surplus, and allowing some return in case of withdrawal.
The bitter outcry that went up across the land against pooling still echoes.
It has been assailed by legislatures and by Congress; it has been scourged because of the so-called "pooling agreements," and it has cut its own strong arms by building foolish competing lines.
Here we come upon an objection to the pooling arrangement which doubtless had much weight with the specially strong banks, although it is more apparent than real.
It was believed, and doubtless with reason, that some of the banks had evaded the obligations of the pooling agreement.
Moreover, the working of the pooling agreement in 1873 had occasioned heart-burnings which had not entirely disappeared with the lapse of time.
The interchange of capital and directors between the different branches, the use of all assets for a common purpose, and the pooling of all profits effected in 1919, has brought about a closer union.
On the obdurate other hand, Mr. Hawke was an enemy to pooling bills and railways.
Ambitious, advanced, sophisticated space exploration in the future is almost certain to require a high degree of international cooperation and perhaps even a pooling of resources and funds to some degree.
It is interesting to note that the science of controlling nuclear fusion (as opposed to fission) has come so far in the past several years that 11 private power companies are pooling their resources to advance this state of the art.
Six European countries are poolingtheir coal and steel production under the Schuman plan.
But it was the pooling system that was needed to carry on.
During two generations, the people of the United States had been passing anti-trust laws and anti-pooling laws, the aim of which was to prevent the business men of the country from getting together.
By pooling ideas and interests they presented a solid front to the demands of organized labor and the efforts of the public to enforce regulation.
In general, pooling agreements were likely to break down, although a southern pool organized by Albert Fink on a very extensive scale lasted for many years and was thought to have had a vital influence in eliminating rate-wars.
The defect lay in the lack of machinery for pooling resources in such a way as to relieve any institution that was in temporary straits.
Since the rate wars were clearly bringing ruin in their train, rate agreements and poolingarrangements were devised.
Only by a pooling of their resources will they be able to escape from the crushing superiority of the nations with large bulk and from an insecurity which makes for war.
Such a pooling of claims is admittedly difficult and is likely to be opposed by immense vested interests of classes and nations.
Pooling is likewise generally forbidden, but here again the Commission may authorize the practice at its discretion.
The objection to poolingwas that it suppressed competition and encouraged monopoly.
Pooling was forbidden, that is to say, railroads apparently competing with one another were no longer to merge or pool their combined business with the understanding that each was to get a previously determined share of the joint profits.
The pooling of the brains of women that has been going on on a country-wide scale for more than a half-century bears analyzing.
Not only is there call for a pooling of brains to look after the timid and unready, but there is need of combination to open the gates for the prepared and brave.
None but the sorriest pessimist could doubt the nature of the final outcome, on realizing the pooling of brains which is going on in such associations as the Intercollegiate Bureau of Occupations and the League for Business Opportunities.
A very worthy pooling of brains, because springing up with no tradition behind it, was the National League for Woman's Service.
Our efforts at combination are a mere mushroom growth compared with the generations of training our big brothers have had in pooling brains.
Of these two forms ofpooling the division of the traffic is the easier, but it is often unsatisfactory to the patrons of the road.
The restrictions againstpooling have therefore encouraged combination of competing lines.
As a matter of fact, however, the first plan of pooling is very apt to grow into the second.
The richer nations, in proportion to their resources, would appear to be called upon to make a present sacrifice for the benefit of the poorer nations in any such pooling of credit facilities.
He is learning that these are the days of Organization, of Co-Operation among units for the benefit of the Whole; that by pooling his resources he is able to reach the Common Objective with the least waste of effort.
Three of them were always so busy with this or that work that they had to stay home, you know; it would have been embarrassing to admit that it was only by pooling their clothes they could take turns in exhibiting a neighborly spirit.
By agreeing on the prices which they would pay for wheat out in the country and by pooling receipts the members of such an organization, the farmers suspected, would be in a position to strangle competition in buying.
The pooling of receipts at country points is not forgotten by the farmers; heavy dockage and unfair grading and low prices paid when the farmers were compelled to sell and could not help themselves, are also not forgotten.
All other nations outside of the pool will then be compelled to observe the law of the pooling nations, because the necessity of keeping peace with these dominant Powers will be greater than any other necessity.
Here indeed will be a pooling of the issues, a pooling that will divide the whole world into two forces or parties.
In some measure the companies were able to protect themselves by the making of pooling (or joint-purse) arrangements between themselves; but the enactment of the Interstate Commerce Law in 1887 made pooling illegal.
The particular advantage, in fact the only advantage, in pooling lay in securing a monopoly of the railroad and jobbing business.
One of the beauties of the pooling system was, that if a captain or owner became dissatisfied and desired to pull out, he could take his boat and the share of profits due him, and leave at any time.
