Ballast: Weight added to a boat to enhance stability. âThe J/24 has 950 pounds of lead ballast.â. Berth: A sleeping area on a boat. Also, a place where a boat is tied up. âWe slept in the forward berth while John and Amy slept in the quarter berthâ or âWe keep our boat in a berth at McDoodleâs Marina.â.
Lord Acton writes to Bishop Creighton that the same moral standards should be applied to all men, political and religious leaders included, especially since âPower tends to corrupt and absolute power corrupts absolutelyâ (1887) From: Acton-Creighton Correspondence (John Emerich Edward Dalberg, Lord Acton)
Hefty fines, damaged reputations and jail sentences â recent scandals prove that corruption in business doesnât always bring profits. Yet bribery persists. Almost a fifth of executives surveyed by Ernst & Young claimed to have lost business to a competitor who paid bribes. More than a third felt corruption was getting worse. Corruption distorts markets and creates unfair competition. Companies often pay bribes or rig bids to win public procurement contracts.