The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-09-08
NEW MEXICO BANKERS MEET
in CITY; PRESIDENT PREDICTS
ANEW ERA in BUSINESS WORLD
nealistic Ideas to Take
Hold of Business, Head of
!: Bankers Association SAYS

the safeguards aud restrictions Of
the constitution OF the United States.
and the question is-Are We getting
an UNDERSTANDING Of this out OF our
selves ana into our people,
In the work of this period 81 re-
distribution of requirements, We are
dealing with a problem OF social en-
gineering wherein capital and labor
have been renamed enterprise aud
effort enterprise backed by vision
ana Initiative co-oT Grafton with CT
fort In is f-maintnined enthusiasm
To render it, gifts 10 the world. and
K you and will put our shoulders
tn the wheel of national progress
with such an Interpretation of the
relations between capital and labor as
this written into our hearts. the in
dustrial progress Of our country and
our nations rightful Participation In
tho readjusiment Of the world vii.
be greatly facilitated.
Nov F,acsi Airct-s Itself.
THE question here is Arc We
aware of the reality of these rcquis-
it's Has our terrific war experience
definitely taught you and me that the
perpetual and unhindorahle principle
uf growth and gain is wrapped In
the right understanding ~ each other
In other words, has selhshness ceased
to be co-traveier with our success
- now force is asserting Itself In
an lines 81 cndcayor. and men are
learning that although the riverbed
OF progress must be stirred In order
that It's waters may be purified. the
necessary agitation can he more
economically and Just as effectively
accomplished with a garland of peace
as with a rod OF iron.
II believe We are entering the
fourth cycle In the development OF
this world the other three cycles be-
ing the creation, the Hood and the
crurihNiou And while this statement
may seem To weigh less NJ business
and more ~ idealism than YOU viii
care To- have u. set ! ask that YOU
consider u as a cheerful. hope laden
idea--thc outcruppiug of the worth In
the force uf principle which fer the
last ave years has safely shaped the
/ dcstlnies Of the peoples Of this enrtn
and led them through new paths 50
% wonderful conquering of the odds
which precedents aud human under
standing had called overwhelming.
ld,aiism IN I'usip+e.
"ipnilemea. II IL time to permit
certain elements which We may now
choose TO call idcuiistic. TO take a
nrmor hold upon business. II is time
that We hecuiuc un economically unit
ed people. that Wc drop unimositieH.
tina, We live aud let i've. und CON
slider production rs o moral issue. IL
/ IN time that "" become International
/ ly minded. realizing that We are a
I part Of an an existing reality. II ls
/ Time that We scnsed the spiritual
penetration Of husihess.
Many of the old theories which
continually tuuut, tease and veN us
/ when called upon tn function have
I sins enough Of their own to answer
I for aud we must abandon them he-
I fore they make ms q party 10 their
inudeuuacios ana finally as we take
/ uur place iu the great partnership Of
I social democracy wherein the capital
/ of brains the capital of money. the
capital ~ labor. and the general pub
! liC work out their conflicting policies
[ in "a manner acceptable to an We Will
I bee known as faithfully aud construct
l lively executing our trustecship with
] our commodities ana our world"