20. The change met the technical requirements of the new age by engaging a large profess signal element and prevented the decline in efficiency that so commonly spoiled the fortunes of family firms in the second and third generation after the energetic founders. [参考译文]这种变化通过引入许多的专业因素从而适应了这个新时代的技术要求,并且它防止了效率的降低。这种效率的降低在精力充沛的创业者之后的第二代和第三代人的时候,经常会毁掉那些家族公司的财富。
21. Such large, impersonal manipulation of capital and industry greatly increased the numbers and importance of shareholders as a class, an element in national life representing irresponsible wealth detached from the land and the duties of the landowners: and almost equally detached from the responsible management of business. [参考译文]这样巨大而非个人的对资金和产业的操纵极大地增加了股东的数量和他们作为一个阶级的重要性,这是国家生活中代表不负责任的财富的一个因素,这种财富不但远离了土地和土地拥有者的责任,而且几乎同样与公司的负责任的管理毫无关系。
22. Towns like Bournemouth and East bourne sprang up to house large comfortable classes who had retired on their incomes, and who had no relation to the rest of the community except that of drawing dividends and occasionally attending a shareholders? meeting to dictate their orders to the management. [参考译文]像伯恩茅斯和伊斯特本这样的城镇的涌现是为了给那些数量很多的 舒适 阶级提供居住场所。这些人依赖于其丰厚收入而不工作,他们除了分红和偶尔参加一下股东大会,向管理层口授一下自己的命令之外,跟社会的其他阶层毫无瓜葛。
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