Show YOUTH AND THE 9 NEW leadership by CRAIG 0 HAZLEWOOD president american bankers tion L T Is a picturesque word A with it one pictures hannibal fighting his way through the passes of the alps napoleon in his cam pal p a 1 agns gns g n s or washington holding together his A halt half frozen army by the sheer magnetism of his charac character tei at valley forge but I 1 visualize something a 0 in e that holds a more astounding spectacle in many r a a p e c ts ta araia S hazlee than any ot of these 1 it is the onrush of 0 our bubli business tess life our economic progress plunges ahead at a rato rate unheard of 0 in the history ot of the nations of tho the world and every industrial and financial leader Is dally daily brought face to face ace with new and perplexing problems requiring the highest courage and intelligence tor for their solution ninety billions a year they tell us this country Is now producing in new wealth the rate of increase Is even more staggering than the amount it Is difficult to say where it may lead us in even ten or fifteen years we are moving exceptionally fast our economic and industrial structure is placing before us problems of greater and greater magnitude few men can see far ahead few are in complete control for this Is a changing world as even the most inexpert inexperienced business man will readily testify our methods of adjusting ourselves rapidly to economic changes and of cooperating are far from perfect what an opportunity the leadership ot of five ten or fifteen years from now presents i what an adventure it will be what responsibilities it will lay u upon pon the broadest shoulders that may be found this is the challenge to leadership as I 1 seed see it in the hands of the young men must rest the responsibility lity for this leadership boys who reached the pinnacles business Is full ot the romance ot of youngsters whose chief characteristic was ft as working hard and keeping at it there was ii a green farmer boy who decided lie he would rather stand behind a counter than follow a plow ile he seemed so obviously lacking in sales ability that tor for a time no merchant would litre him he failed in his first position and in his second his salary was reduced lie he even agreed that he was a misfit but he stuck out oat of his first five stores I 1 believe three tailed failed but lie he persisted and worked hard bard and that boy frank W woolworth became the greh greatest test retail merchant in the world with a store in every city of eight thousand or more population in this country there Ther ewas was another lad who clerked in a grocery store sixteen hours a day and studied mathematics in his odd moments he became interested in the doings of the steel plant whose employees traded at this store ile he began to study steel and sought a position in the plant ile he carried a surveyors chain and drove stakes at night he studied mathematics and engineering gingering gi he did not despair lie he could not be diverted lie he kept the pressure on tor for seven years and that boy charles schwab mastered the iron iran industry aind became one of the count rys great industrial leaders there was a lad iad who sold papers on it a train when he grew up several million men and a score of billions of dollarson dollar capital were given profitable employment through his inventions even lit in middle life thomas edison adison continued to work twenty hours a day it necessary to achieve his hia purpose leadership Is not play leadership otters offers countless positions ot of varying opportunity ot of which the highest pinnacles vill mean almost unbearable responsibility in the new era there will be ba men with the fire and iron to qualify even for these places such men must have had the very finest preparation and the most grueling tests their reward will be the attainment ot of these alg highest est pinnacles ot of achievement and the rendering of an immeasurable service to their times |