The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1902-04-13


= EPIGRAMs FROM .
. CARNEGIE'S BOOK. .
q Nothing in the world is so desir- .
. able to every employer of labor as a .
o young man of exceptionable ability" .
. THE great inventions. the i'm q
q provements. the discoveries in sci q
. ence. the great works in literature q
. have sprung from the ranks Of the Q
4 poor
. The habit of thrift constitutes one q
. Of the greatest differences between .
. the savage and the civilized man"
. From capital comes the first breath q
. of life into matter previously inert" .
. Capital, Business Ability and La .
= Dor are equal members Of the great .
. triple alliance which moves the in q
. dustrial world"
. Capital, Business Ability and Labor
. must be united. He is an enemy to .
. all three who seeks to SOW seeds Of O
. disunion among them"
. Humanity is better than 1t has Q
. ever been. materially and morally. 1 Q
. have faith that it is destined to reach
. still higher and loftier planes than Q
. even the most sanguine have mag Q
o ined." q
10 build an ocean greyhound for. let US say,
10000. TO be paid only when the ship is
delivered. after satisfactory trial trips.
Where or how do the shipbhilders get this
sum Of money to pay the workmen-the
wood merchant. the steel manufactures and
all the people who furnish material for the.
building of the ship? They get 1t from the
savings of civilized men. 1t il part Of the
money saved for investment by the millions
of Industrious people.
Each man. by thrift saves a little, puts
the money in q bank. and the bank lends
it to the shipbuilders, who pay interest for
the use of 1t. 1t is the same with the build
ing Of a mandatory. q railroad, a canal, or
anything costly. We could not have had
anything more than the savage had, ex-
cept for thrift.
The young. practical man Of to-day, work
ing at the bench or counter, to whom the
fair goddess. Fortune. has not yet beck
oned. may be disposed to conclude that It
is impossible to start q business in this
age. There is something In that.
1t is. no doubt. infinitely more difficult to
start a new business of any kind to-day
than II was. But it is only a difference in.
fern, not in substance. 1t IL infinitely easier
for a young practical mar Of ability to OBJ
tain an interest in existing firms.
There is partnership Of three in the in
dustrial world, when an enterprise is
planned. The first of these-not in impor-
lance. but in time-is capital. Without 1t
nothing costly can be built. From it comes
the first breath of life into matter pre-
viousiy inert.
The structure reared. equipped and ready
to begin in any line Of industrial activity.
the second partner comes into operation.
That is business ability. Capital has done
its part.
1t has provided all the instrumentalities
of production; but unless 1t can command
the services OF able men to manage the
business. all that capital has done rumbles
into ruin.
Then comes the third partner. last in or
der Of time. but not least. labor. II 1t
fails to perform its part. nothing can be
accomplished. Capital and business abili-
ty. without it brought into play, are dead.
The wheels cannot revolve unless the hand
of labor starts them.
Now. volumes can be written as to which
one of the three partners is first. second or
third in Importance, and the subject will
remain just as 1t was before.
Political economists. speculative phil
osophers and preachers have been giving
their views on the subject for hundreds of
years. but the answer has not yet been
found. nor can it ever be, because each of
the three is all-important. and every one
Is equally essential to the other two.
There is no first. second or last. There Is
no precedence. They are equal members
Of the Great Triple Alliance which moves
the Industrial world.
As n matter of history, labor existed be- |
fore capital or business ability. for when
Adam digged and Eve span." Adam had no |
capital. and if one may judge from the
sequel neither of the two was in~ordinately
blessed with business ability. but this was |
before the reign of industrialism began.
and huge investments of capital were neces-
sary. |
The three are equal partners Of a grand |
whole. Combined they work wonders, sep
arate. neither Is of much account. Thus
far, Notwithstanding the differences that
from time to time have unfortunately rent
them apart, they have made the closing
century the most beneficent Of all that
have preceded It.
Humanity. the world over, Is better than
it has ever been. materially and morally.
and l have the faith that It Is destined to
reach still higher and loftier planes than
even the most sanguine have imagined.
Capital. business ability and labor must
be united. He is an enemy to all three
who seeks to sow seeds of disunion among
them. --