The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1925-02-13

ngar "a r.
sAtsfaction the stockholders that the business
Il Is said that among all the long list of saints the caen
dar, there Is only holy Of Brittany that BEGAN e.
lawyer and ENDED saint This sanity lawyer devoted
bic life TO the poor and undoubtedly has had great reward
little while ago you might have said about great corpora
Hons that there hardly one lawyer among those actually man
aging the big, gigantic businesses Of the country
Now has been demonstrated that mind of lawyer,
thoroughly trained in legal details ven in general knOwI
edge Of w and concentrating intensely gigantic business
problems the best possible leader for the great business
poration Of today
b Michigan twenty years ago. he pracced law il the usual
general way that win interest young lawyers and law students
vho asking themselves How can lawyer make =
nvng7''
he National Biscu Company the biggest IN
he nation Mr Babs became General Counsel Of the
company and concentrated its affairs ne moved 70 New
% w (. e Mas MT S9 E. ns e .rs
problems to the entire executive business.
little later u 1915 be LEFT the big biscuit company e
lie biggest concern Of its kind in the world
The latest report Of the sugar company that the right
kind Of lawyer really concentrating the problems Of his
company possessing business and energy in addition toll
knowledge Of the law, makes the best possible kind q
Mere corporation management knowledge Of the
sugar business would not have taken the American Sugar
Company through the war; enabled the stockholders to
read the good about assets increased and debts paid off
Wsn the war began the president Of the sugar
had decide only local and national legal questions but
also international legal questions.
There business in al the subject to more
violent fluctuations than the sugar business Even after the
sugar high 80 cents pound for sugar!
The awyrp president Of this company took through al
g the changing times and prices serving e member Of the
international Sugar Committee representatives Of the
United States the work Of alocatng supplies to the
whole world
After the war came the big problem buying hoard
Inn Of sugar Now the sugar trade has settled down And
fhere also the difficult problem Of the business man.
fh Of repudiation Of contracts politely called cancela
tons but In reality meaning REPUTATION.
Ths involved knowledge Of all States in the
Union involved only transactions with courts but with
legislatures.
The industrial corporation Of today deals with problems
that are only national international that infinitely
more complicated than the entire business that before
the chanceTeries Of many Of the smaller nations.
There Is encouragement for young lawyers and law stu
dents IN the fact that Mr. Babs who began young lawyer
ii Michigan with especial backing concentrating his at
tenon business matters he went along finds himself
active dominating head Of OF the biggest
d the world director in many other important financial and
other big corporations.
living only by helping bigger and important to
tie their fights among themselves helping the criminal to
punishment the victim Of accident to
damages.
Such man as Eihu Root John burn Louis Levy or the
late Levy Mayer, Of Chicago in the first place business
man, and only in the second place lawyer.
Of law concentrating management Of gigantic enter
prise giving It the benefit Of his legal knowledge and
The fighting ability acquired in the practice Of law
The value Of able lawyer leader Of big
shown in the fact that without the fight that Mr. Babst made
against danger wholesale Reputation of sugar
try after the war the stockholders in his might have
Young lawyers, you go along and other young Ameri
cans we'll keep your mind business study business and
ether questions broadly, as well as in detail
There are plenty Of opportunities lsft in America.