Suchergebnisse

On the first day of September 1794, while tension seized western Pennsylvania over whiskey excises, Alexander Addison, president of the Court of Common Pleas for the Fifth Circuit, delivered a charge to the Grand Jury of Allegheny County on behalf of peace and order. Addison's presentation came at an important moment, as new whiskey excise laws had threatened to sever relations between the young United States government in Philadelphia and the western counties of Pennsylvania. At the time of Addison's presentation, the citizens of western Pennsylvania, gathered together in township halls, were asked to choose whether or not to consent to legal terms of submission to the United States in an effort to avoid a violent confrontation between the government and western "insurgents."1 In his presentation, Addison made a plea for submission to the laws of the United States and to peace.

On the first day of September 1794, while tension seized western Pennsylvania over whiskey excises, Alexander Addison, president of the Court of Common Pleas for the Fifth Circuit, delivered a charge to the Grand Jury of Allegheny County on behalf of peace and order. Addison's presentation came at an important moment, as new whiskey excise laws had threatened to sever relations between the young United States government in Philadelphia and the western counties of Pennsylvania. At the time of Addison's presentation, the citizens of western Pennsylvania, gathered together in township halls, were asked to choose whether or not to consent to legal terms of submission to the United States in an effort to avoid a violent confrontation between the government and western "insurgents."1 In his presentation, Addison made a plea for submission to the laws of the United States and to peace.

Chinese culture has always been considered unique in its enduring concern with morality. There is a commonly used phrase which well expresses this: guyou daode wenhua, which may be translated as "a culture which is traditionally moral." This phrase is often used to describe the Chinese as opposed to other cultures which lay their emphasis on knowledge, religion, law, and so forth. A Chinese educator has recently made this point in contrasting Chinese and western philosophies of education. Whereas western cultures have traditionally stressed science (knowledge), religion and law, he says, Chinese culture has always stressed morality and art.

The author thinks that it is a puzzle to many Chinese that although Europeans have expressed lavish praise of and shown intense interest in Chinese art, their moral tradition has been so strangely minimized or ignored. The author examines in this paper how the moral tradition is presented in schools of Taiwan. He identifies and makes explicit the uniqueness of the Chinese moral tradition as understood by current educational authorities in Taiwan. (DÜI-Sen)

Service guarantees are an important feature of many service offerings because consumers recognize greater risk associated with the purchase of services than with the purchase of goods. Despite substantial service guarantee research in the past two decades though, no extant study has examined the return on service guarantee investments. To fill this gap, the authors examine the effect of a service guarantee on a firm's market value by identifying new service guarantee announcements, then using these announcements as events in an event study. The results show that simply offering a service guarantee does not result in greater market value, as measured by a change in stock market returns, for the offering firm. Instead, the market value of a service guarantee depends on its scope and the process required to invoke the guarantee. In particular, service guarantees that are specific in scope or automatically invoked lead to significantly greater market value than unconditional or customer-invoked guarantees, respectively. In addition, these differences are moderated by firm size. From a theoretical point of view, this study extends signaling theory to explain the differential effects of service guarantees, depending on their design.