Be Patient And Calm; No One Can

American Business Needs A Lifting Purpose Greater Than The Struggle Of Materialism.

I Am Convinced That ... We Have Reestablished Confidence. Wages Should Remain Stable. A Very Large Degree Of Industrial Unemployment And Suffering Which Would Otherwise Have Occurred Has Been Prevented.

The Great Liability Of The Engineer Compared To Men Of Other Professions Is That His Works Are Out In The Open Where All Can See Them. His Acts, Step By Step, Are In Hard Substance. He Cannot Bury His Mistakes In The Grave Like The Doctors. He Cannot Argue Them Into Thin Air Or Blame The Judge Like The Lawyers. He Cannot, Like The Architects, Cover His Failures With Trees And Vines. He Cannot, Like The Politicians, Screen His Shortcomings By Blaming His Opponents And Hope The People Will Forget. The Engineer Simply Cannot Deny He Did It. If His Works Do Not Work, He Is Damned.

Economic Depression Cannot Be Cured By Legislative Action Or Executive Pronouncement. Economic Wounds Must Be Healed By The Action Of The Cells Of The Economic Body - The Producers And Consumers Themselves.

Competition Is Not Only The Basis Of Protection To The Consumer, But Is The Incentive To Progress.