State Publication of School Books
Excerpt from State Publication of School Books The state is justified in taking over and managing any public service - for example, the postal service, railroads, telegraph, telephone, or the making of school books - if thereby A. The expense is substantially reduced; B. The service is materially improved; C. There are no objectionable general consequences. Expense The factors that determine the selling price of a book made by a publisher - that is, under the competitive plan - are as follows: 1. Manufacturing cost - editing, type-setting, author's corrections, plates, illustrations, engraving, paper, printing, and binding. 2. Overhead charges - interest on investment, depreciation of plates, depreciation of plant, salaries of office force and field agents, storage, insurance, taxes, transportation, postage, advertising, and retail dealer's profit. 3. Royalty paid to author. 4. Publisher's profits. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.