The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1940-03-21
Hardin. Montana
March 81, 1910
TO-: John @. Public

FROM :D A. Businessman
RE: Free Enterprise and the Profit Motif.
rs.c In s a T3 or {r teFR by 4 var S sna s aistasS5ssi Ess Am nc e ssssn 1 Live At
free and at peace is our own internal unity and strength.
neav TRe u SsSnG anl It tn 1t tSsf St tFs m mE IT than anre ever ii ineslaslvs to that Hat
we we solve lyec our own n. do m ste problems rssn1s;,t that at we hold to our fe essen m
proving our internal strength.
Here: the people have faith in constitutional Eegssse 1ssEt"
as jn5sp 4SseS t f"nasmsatals S Of tFs m5as t tS b shs ss ss1s sa BEst
Of our natural and human TssouTses and haye resulted in the
Eshe&hi highest ass Standard d. Of Of living as in the World a'0eS' p" 'NN''' ~A
f Sfss fissef Of Hs o sas m sns ssmt nsts.s sss ,1 Sus also that sss Sc % %a5s
e to enjoy f b}I tbert and a s"itq foa h Sati peasen' in HE his v jop ah no t for h fas
old age. in ni himself self and II for hi his ia family aiiS:'"' u" us ~ N"N ~ D0
notn, The 3 &c tss a;25tzs Of x A%sris TseI su sesssxs so@ma1 sszit tee from ea1
a system of free enterprise founded on the bedrock Of fpa tispt
to sSs lie; =51 ct LAM; sPs Il IT, ci RHssnit t. 81 1a hsRgi9 5ssiI T 5nSiv fsssnsH Sk Ct s sa
i T{5in tbt n sagf4aGt the Of ri s5Sa to eis assntEsi own Ind nna nsf a R9ePst IS e all
Outraged ssSIsg ID BY tn i incentive ( Of competiton and the opportunity for
a ady imnTaneg pp p9 pf1ft and thf be f1nsQ Vaine5 IS a af f9nasme ehf ai Tsquiree
ment for the successful operation Of the free enterprise system IS Is
p t9as e of sn inefttaSsl ssf1fnssrs saa'' pursue ITS 0"" curse !" q
=, Comp cGmpstsn THs Of T. le sfssTh no and ,m d6eetiGn Ct }5c human IN f fs te in
fare a. He q any :! s on aEs S + Am SS : basnss: systs3 5 aTsf PCS
a ste!e of f1 The kt eom Of 8 is1s ehsraste That int san esst s sSd int Z seSsG unasfo
o o52nd indivi ID 5hi jG %sn leadership sns ESPe that T9 s}fo a9ST the mos? eppo asS9s !n fI
individual dMl. ini ehHHte at every G }ngmd il mi 1ec cSanc lsaoefSnp lila
The contribution that American industry can continue to
make E@s en to fhf na and ind Tfi1a9e i nsRsaas upon the preservation o.
tenn a Of E free "e entefpFEse 50 is th 6a Pro pref HP9 moti1e. 4 t IS IS the HT metiza i
spirit in the creation of efficiency and the stimulation of effect
iveness in industrial progress.
will IN 5at ses PG ssa os IF PEo HHI G fsn, tas 5 5See a 5ynt to 's ans sonaae5 ei
business involves the assumption of risks and the making d MS
takes. The, competitive system offers opportunity for profits, OF
course, and it is this opportunity which encourages initiative ana
efficiency; but a further stimulus to initiative arrives from rom In m
Progress must always be paid for, and industry cannot, any more
than the Individual or the nation, achieve security without risk
or realize opportunity without venture.
The money invested in private enterprise represents, broadly,
what people have saved out of income, through thrift and self
denial. Millions of men and women have a stake in industry held
directly in the form of stocks and bonds, and indirectly in the
form of savings bank deposits and insurance policies. Many are
employees of industry; all are consumers.
Free enterprise and the profit. motive are twin terms inex-
tricablv r elated to each other, like profit and progress, they
typifv the spirit and incentive that have provided the inspiration
behind the sweep of American life for the last century and a hall.
= = Sincerely yours.
(signed) A. BUSINESSMAN.