The San Francisco call., 1897-04-03

only teaching, but original investigation.
IN the college of chemistry this is done
in the laboratories; in the college of min
ing in laboratories and actual work. The
original investigation in the college of
commerce will include the collection and
classification OF general facts relating to
commerce, which will gradually result in
establishing the laws OF trade.
THAT department of original investiga-
tlon would imply many other things, such
as bureau of statistics. Such q bureau
would be valuable, not only as matter of
theory leading up to the establishment OF
the laws OF commerce, but would be of
great practical value to all persons en-
gagged IN trades or vocations concern in 9
which the statistics themselves would be
gathered for the purpose of deducing gen.
eral principles from them.
''Such a bureau would be practica BILE
and useful, not only for the trade, but for
every one else who has to do with those
departments of trade from which the sta
tlstics were collated. They deal with
matters in which the world is chiefly in
terested-business, finance, etc.
III young man gets into the mental
habit OF considering principles with a
view to their application he acquires the
same habit which the successful merchant
or manager of business acquires after
years of training in his vocation. Not so
much to consider the details of the facts
separately as to consider them compre-
hensively.
There is another advantage in such a
school. 1t Will attract men who will be-
come leaders of business in the country.
1t will educate leaders as distinguished
from mere bookkeepers, clerks, etc., and
1T will bring to the university class oi
men who now refrain from going to col
lcge. As an evidence of the Importance
OF such an institution as the one proposed.
1t should be remem bered that business in
some department or other occupies al
least one-half of our population. But
there Is no general collegiate course pro-
vlded now to educate that class Ii such
provision could be made we will develou
such grade OF business men as have not
yet been known in this country-broad-
minded, fair-minded men and managers
of commercial affairs.
"Row many business men can be named
who look upon their respective vocations
In the broad comprehensive way OF inter
national trader How many can give you
the elements or the general principles oil
any business transaction extending be.
yond their own affairs?
Il have not spoken OF the practical au-
vantages OF such college. They should
be apparent to every one, but when we
consider that we are many days from the
Leading markets OF the United States and
from the markets of Europe on the verge
OF The Paclfic We appreciate the necessity
OF scientific system of exchange or O
commerce in order that we may be repaid
tor our efforts in producing products sc
various ana to snch great extent all in
our own State. We eau truly saw tn at ths
commercial problems are the .leadine
problems 10 Californians.
We have already proved some. of the
capacities of our soil and our ability r.
produce unlimited products in quantitie,
ana In values, and We must now lind mar
kets. commerce, therefore. becomes the
leading study for our people"