We did not receive your order until a week after our own arrangements had been made. (Precise) (2) We hope to increase the salaries of all our men, especially of those who were with us for five years or more. (Inexact) We hope to increase the salaries of all our men, especially of those who have been with us for five years or more. (Precise) (3) We should have been glad to have had your business. (Probably inexact) We should have been glad to have your business. (Precise) We should be glad to have your business. (Precise) In each of the foregoing the error is not strictly grammatical; The sentences marked " inexact" might conceivably be correct. It is extremely improbable, however, that their authors meant just what they said, and more than likely that one or another of the improved forms would have been more precise. (Notice this last sentence: "It is ... More than likely that one or another of the improved forms would have been more precise." The tense of would have been was determined by considering whether the writers meant "would be more precise now," or "would have been more precise when these sentences were first written." Obviously the second is the preferable meaning; hence the tense that places this whole part of the action in the past.) 116. One exception to the rules set forth in the preceding paragraphs is worth bearing in mind. Statements of general truths facts as true today as they were in the past are usually made in the present tense, no matter what may be the tense of the principal verb. Thus it is customary to say: "He added that honesty is (not was) always the best policy."...

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