company which has not been much of a dividend payer), and I, like all
the rest, am dependent upon the honest and capable administration of
the industries. I firmly and sincerely believe that they will be so
managed.


THE AMERICAN BUSINESS MAN

You hear a good many people of pessimistic disposition say much about
greed in American life. One would think to hear them talk that we were
a race of misers in this country. To lay too much stress upon the
reports of greed in the newspapers would be folly, since their
function is to report the unusual and even the abnormal. When a man
goes properly about his daily affairs, the public prints say nothing;
it is only when something extraordinary happens to him that he is
discussed. But because he is thus brought into prominence
occasionally, you surely would not say that these occasions
represented his normal life. It is by no means for money alone that
these active-minded men labour--they are engaged in a fascinating
occupation. The zest of the work is maintained by something better
than the mere accumulation of money, and, as I think I have said
elsewhere, the standards of business are high and are getting better
all the time.

I confess I have no sympathy with the idea so often advanced that our
basis of all judgments in this country is founded on money. If this
were true, we should be a nation of money hoarders instead of
spenders. Nor do I admit that we are so small-minded a people as to be
jealous of the success of others. It is the other way about: we are
the most extraordinarily ambitious, and the success of one man in any