The next element to nearness to existing plants is the spirit and
understanding of the people. Vermont has the best spirit of
industry but has not the fullest conception of industrial life and
opportunity. It is this purpose of setting forth the principles of
desirable industrial life that constitutes the next step.

When these principles are understood, we will improve the chances
for the acquisition of local industries through the coming of
others from nearby states or by the establishment of new plants by
some of our own people who are already well qualified to carry
forward such enterprise. But whether it is brought about by these
or any other means, the basic principle on which successful
industries are built must be known and must constitute the policy
of organization and management.

The principles set forth are basic. They constitute the necessary
addition of the practical knowledge of invention, management and
general business knowledge gained in existing plants.

Industrial life calls for the best that is found in brain,
enterprise and ability and should have every possible aid and
cooperation. Furthermore it should be protected from impractical
promoters, impractical managers and obstructive theorists.

It is actual work and accomplishment that counts. The workers and
those who lead and cooperate with them should not have their
combined efforts handicapped by those who have never done actual
work or who have never been performing an essential service.

Indifference and misdirection are our greatest enemies in times of