Show americas ind industrial estrial growth largely result of organized industry aly ANDREW W MELLON secretary of the treasury industry is ia the secret of americas prosperity the 0 key to future growth and tho the justification of big Lu business Lusin siness ive W can no longer count solely on our boundless resources but must depend on tho the increasing cOlci enoy of our industrial system because business is big it is ia not hot necessarily a menace the tion for big business is that it serves the public more than many small businesses could do in that particular line otherwise in v world of inexorable economic laws it would not long exist higher wages and reduced costs of products result from increased organization of In industry dmetry and in the end we find that it pays to manufacture in quantity and to mako make a larger volume of small profits this is the secret of our success in america it is also the reason why much of the distrust which formerly existed because of the size and sup posed power of corporate organizations is wearing away as men understand better what these organizations are and how greatly they contribute to our prosperity and our high standard of living corporations are no longer owned by a small number of individuals |