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Show Larger and Wider Distribution of Wealth Solution of Economic Problem By CHAUNCEY M. DEPEW, Veteran Financier. TVe are the extremely practical people in the world and judge everything every-thing by results. When I was a boy everybody on Thanksgiving day or Sunday went to church and the churches were full. But they were not really temperate, for everybody ate too much at the Thanksgiving noonday noon-day meal. Stomach-ache became popular because they were evidence you had enjoyed Thanksgiving. I reckon we shall have the glutton with us for many years, but as a nation we are getting a finer standard of self-control. Danger of excess riches does not exist in this country. We never can get too rich. ' We must seek a larger and wider distribution of wealth. We are getting that in a way through high wages, but more rapidly through liberalization of great industries. Workers as shareholders is one of the best solutions of the problem. The Biblical picture of a rich man getting into heaven with the utmost ut-most difficulty no doubt was true when the metaphor was coined, but it ia not true now. I don't know of any time or age when great fortunes were working more intelligently night and day than the Rockefeller and Carnegie foundations. Wealth in America is at work. It doesn't rust. Moths do not corrupt cor-rupt it. It no longer gives to the possessor any wonderful power, but it finds useful employment, sharing its benefits in larger degree than ever before. |
