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Quote#Politics & Power

Each officer possesses all the power necessary to render his position…

Quote byDaniel McCallum · 1815–1878

Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: Report of the Superintendent of the New York and Erie Railroad to the Stockholders (1856), p. 40; Cited in Alfred D. Chandler, Jr. (1977) The Visible Hand: The Managerial Revolution in American Business. p. 102.

English (original)

Each officer possesses all the power necessary to render his position efficient, and has the authority with the approval of the President and General Superintendent to appoint all persons for whose acts he is held responsible, and may dismiss any subordinate when, in his judgment, the interest of the company will be promoted thereby.

— Daniel McCallum

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