The next sign of the times is pleasanter to dwell upon, that is, the
spread of the fraternal spirit that has grown out of this great
material development. Material development in this country had grown
into corruption, undue luxury and waste at the hands of men who did not
realize the responsibility of having been fortunate in accumulating
money, and this absorption in the chase for the dollar began to pall on
the people. They tired of statistics of the growth of business, and
began to look about for some justification for our activities. The
change has brought a greater popular interest in the less fortunate who
have fallen behind in the race.
This feeling has much weakened the influence of the _laissez faire_
school of political and economic thought which was largely in control
when I was in college. Professor Sumner was a strong member of this
school. He was sure of his opinions and taught them. But we have now
drifted away from some of his moorings, and today a good many professors
are giving way to their imagination in suggesting remedies that have not
stood the test of experience.
Pages:
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116