The Washington herald., 1921-09-11
WILL PACE SAYS
. !. !. men MUST HAVE
REAL.KN0WLEDCE
GOjs -
Tells of Opportunities
Open in Busy World
SO Of Commerce.
NEED HARD STUDY
Openings Abound for Men
With Clear Insight Into
Essentials.
NEED HARD STUDY

rnGzn market Of the verid for com
pstent trained executives, Every
where there Is a crying need for
efficient Organization so that today's
business and trade can keep on the
move. 1t is the turnover which
-stses business profit, and unlsss We
pave the trained men to drive
ahead. business will fail"
Win Pace. president Of the Pace
Institute, whose central once Of the
business training organization en-
b-acing schools In Newark. n. j.
New York. Boston, and In WsshinE-
ton. is located here delivers the
following statement regarding the
means Of education for business
which the Pace institute affords:
Needs Of Bs.iness-
Business organisstion. business
management, business control-these
rhines become Of vital Importance
70 modern industry and commerce.
.The local tannery. the country
,zrist-miI. the village slaughter
house. the local store. all OF these
and other small business units Of
'former generation are largely sup
,pIanted by corporations that con-
duct packing houses, nour mills,
steel plants, department stores.
chain stores. and other organiza-
lions on countrywide basis.
During the transition from the
! rsmaIl-unIt basis OF yesterday. more
change has occurred in methods Of
: work than has occurred during the
. ientir. previous history of civiliza-
'tion-
; Pace Institute is a professional
school conducted by men who have
Z participated in modern industry
and who have attempted to provide
Z technical business training that Is
"a proper accompaniment of the
4 new era. For years the founders
: Of Pace Institute and their asso-
r.ates have been engaged, not only
? N organizing and advising modern
,orEsnizatios, but in study and re-
search work as well. From thii
.experisncs and study many priR'
ciples OF organization, manage
metn and control have ben worket
4out and brought together In courses
OF study that may be taken in day
time or evening classes in Pace In
stitute in Washington. New York
Newark, Boston, and other larg'
cities OF the country. Many afiIi
ated Institutions have svslled them
selves Of the opportunity to US,
these tess, and inter-school rec
oEnItion OF credits has facilitated
the countrywide program OF edu
=. cation.
Law and AeeountinE.
Aside from teaching the prin
q ciples OF organization and manage
j. ment. emphasis has always beer
laid upon two subjects Of the ut
Z most Importance in business edu
o. cation; namely, the science of law
-. which provides for business mel
many privileges as well as imposing
:, certain controls and responsibilities
Il and the science Of accounting, b.
:. means Of which the modern execu
H-tive- Localities value tendencies snC
,oliects value facts for the purpos
of directing his Organization. Th
instruction in both law and account
ing. which continues throughout tn
sntire course OF study, is given b,
lawyers and accountants. In tn
earlier part Of the courses, the tim
Of the student Is devoted largely Z
these subjects. but in advance
ssnesters more time 10 given to tn
broader principles OF organizatio
and management,
Graduates Of Pace Institute utiIis
their training in three distinct deldi
Many OF them become professions
accountant. securing the C P.
degree or other professional &C
countsncy credentisI. such as mem
bership in the American 1nstitut
OF Accountants These men. sithe
on their own behalf or In the en-
pIoy OF firms OF public Accountant
audit accounts; plan methods, procs
dures. and accounts for clients
conduct examinations and investi
cations; and carry out such othe
financial and accounting work a
may be required by clients.
Jobs For Grsduates.
Many graduates prefer TO becon
executive accountants in privai
business organizations In thes
instances. many Of them advanc
from executive bookkeeping pos
tions to controIierships, treasurer
ships, or secretaryshIps OF lars
corporations. Still others becon
sales managers, credit manager
auditors. appraisers, or cost a.
countants
still other graduates enter n
service OF the Federal gcvsrnmen
or the service Of the various stat,
and municipalities. The demand
the various divisions Of sovernmei
for men and women trained In q,
countancy IL increasing rapid
The method Of collecting taxss q
an income basis, whlon has Doe
adopted by several States % we
as by the Federal government. b.
largely increased the demand Il
accountants, both on the part Of Il
government and on the part
business organizations
"Cost-plus contracts. the settl'
nent of war Industries and hnaI
gcing, the need Of accountants
Hconnection with highway constru'
Hrion- and Improvement the call Il
aecountants as commissioners
haUA aAOnts