| Show so SOME E 1111 philosophy Y ON 1 HUMAN I 1 characteristics while reading the monthly summary of business conditions issued ly tio the national city bank of new boty york rk we ran across the following optical analysis of human charach characteristics er that struck us a as s Is so pat that they should be interesting to the general era public so EO we ic publish sh it all of the traits of human nature manifest themselves under a state of individual enterprise in the business world the human kind is gregarious imitative excitable and inclined to move in mass hence the well known tendency t to develop alternative periods of optimism and pessimism which may be also described as debt making and debt paying periods within the last ten years we have seen this strikingly manifested in the florida town lot boom the middle west farming land boort boon and the wall street stock market boom these were all fundamentally alike and maybe may be said to illustrate that certain undesirable results attend upon freedom for or everybody to manage his own bu business affairs as he be wills but aft afeei all the spirit of individual initiative and enterprise have settled and developed this country and made it what it is where shall authority cpr re leasing and restraining individual in and enterprise be lodged probably there are few j persons unable to 0 jechil foith investments I 1 of the r own but not may many who plead gil guilty MY would want to have a conservator appointed 1 for the management of cf their afra nf lairs irs and it is quite certain that the american people as a whole rave not reached that stage of desperation what then is to be done about looms oms and the i actions that follow 7 are they not to a great extent inevitable accompaniments not only ot the physical development develop met of a country like this but of the dev development elopement elop ment of the people themselves what would be the character of an individual who never had responded I 1 to the Stimulus of opportunity 0 or felt the dieci discipline pline of a reverse just no noy the ideal course af 0 f affairs is thought to ie be one of placid regularity find stable prosperity if everybody would consistently refrain from going into debt or tatting taking chances in new and u uncertain nc ertain ventures venture a very high cleg degree ree of stability in the business world might inight be maintained but it would be a slow world compared with that abat with NI ith which we are acquainted if m anki fid had adhered to the primitive of each person foraging for himself anti and sap supplying plying all his own it never would have arrived at the present state of interdependence antei dependence or have epe experienced ried a financial panic or an industrial du dusti ial depression of the modern modem kind on the ot other herband hand sustenance not to speak of more more never would have been found for people within the boundaries of the united states |
