Show dishonesty in business Is now scarce enough to be sensational news by OWEN D YOUNG general electric company official our bia big business is no longer feared by the people 0 exploiters Exploit en no longer own them their shares are spread from one end of the country to the other broadly speaking the vast organizations are in skilled hands handa and the roads are ar 0 reasonably rt safe the american public 25 years ago was more or less in the position of an old friend of mine whose horse became frightened when it saw its first automobile and jumped a jence fence wrecking the buggy 0 in which the old man was riding the driver of the car stopped and asked the old gentleman if he could do anything for hirn him no the old follow fellow answered 1 I think youve done enough for today the american people had the same fear of big business as aa the old mans horse did of the auto anto when it first appeared around the bend snorting and clattering 25 years ago but with the present high geared machines run by careful expert drivers arivera that fear has haa largely digap feared the rhe danger today comes not from bad men in business or bad prin caples but from the difficulty of applying right principles to complicated situations our greatest risk js is in the mistaken judgment of good drivers arivera where the traffic is heavy and the signals aie are complicated tho the quarter century with which I 1 have B by and large looking over been familiar 1 am pleased with the rapid progress which we ore are mak making ing toward tho the right in business we are not perfect and never shall be but we are training our young me men n with a sense of their great responsibilities and we are providing them with experience from our ow own n mistakes As AB in business will more and more prevail time goes on I 1 feel that the right the larger business becomes the more scrupulously careful the administration of it will be |