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  3. 　 　In the late years of the nineteenth century, "capital" and "labour" were enlarging and perfecting their rival organisations

　 　In the late years of the nineteenth century, "capital" and "labour" were enlarging and perfecting their rival organisations

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问题 　  　In the late years of the nineteenth century, "capital" and "labour" were enlarging and perfecting their rival organisations on modem lines. Many old firms was replaced by a limited liability company with a bureaucracy of salaried managers. The change met the technical requirements of the new age by engaging a large professional 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. It was moreover a step away from individual initiative, towards collectivism and municipal and state-owned business. The railway companies, though still private business managed for the benefit of shareholders, were very unlike old family business. Meanwhile the great municipalities went into business to supply lighting, trams and other services to the taxpayers.
　　  The growth of the limited liability company and municipal business had important consequences. 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. During the nineteenth century, America, Africa, India, Australia and parts of Europe were being developed by British capital, and British shareholders were thus enriched by the world’s movement towards industrialisation Towns like Bournemouth and Eastbourne 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. On the other hand "shareholding" meant leisure and freedom which was used by many of the later Victorians for the highest purpose of a great civilisation.
　　  The "shareholders" as such had no knowledge of the lives, thoughts or needs of employees in the company in which he held shares, and his influence on the relations of capital and labour was not good. he paid manager acting for the company was in more direct relation with the workers and their demands, but even he had seldom familiar personal knowledge of the workmen which the employer had often had under the more patriarchal system of the old family business. Indeed the mere size of operations and the numbers of workmen involved rendered such personal relations impossible. Fortunately, however, the increasing power and organisation of the trade unions, at least in all skilled trades, enabled theworkmen to meet on equal terms the managers of the companies who employed them. The cruel discipline of the strike and lookout taught the two parties to respect each other’s strength and understand the value of fair negotiation.
The text indicates that
选项 A、some countries developed quickly because of the emergence of the limited liability company.
B、the tide of industralisation would wide benefited British shareholders greatly.
C、shareholders contributed a lot to the fast growth of the British economy.
D、the system of shareholding impaired the management of modem companies.
答案B
解析 文章暗示选项A：因为有限公司的出现，所以一些国家发展的很快。文章没提到。文章只是说美国、非洲、印度、澳大利亚等一些国家是借助英国的资金发展起来的。选项B：工业化的浪潮让英国的股东们大大受益。文章第二段中间部分提到了：and British shareholders were thus enriched by the world’s movement to- wards industrialization。选项C：股东对英国经济的快速增长贡献很大。文章没有说，只说英国的股东们从对那些国家的投资中大大受益。选
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