Colonization. Albert Galloway Keller
Journal of Political Economy
world is frequently propounded in these days, and with this question these addresses purport to deal. Edward D. Page, the founder of the series, in the first, and perhaps the best, of the lectures, deals with "The Morals of Trade in the Making," and by insisting on the evolutionary character of business ethics, and pointing to the altered economic conditions, gives an affirmative reply to the question. George W. Alger takes up the subject, "Production," and shows in what a manifold variety of
... nifold variety of ways the producer can improve the condition of his employees and promote industrial justice. Henry Holt, in discussing "Competition," points to both its advantages and disadvantages, and concludes that "all forms of industry will gain in peace and prosperity from such advances in human nature as will do away with purposeful and aggressive competition, and that the incidental competition of emulation in methods and products will still be great enough to develop the effort on which progress must depend." A. Barton Hepburn, speaking on "Credit and Banking," and Edward W. Bemis, speaking on "Public Service," devote their attention to the opportunity and the need for honesty and public spirit in these branches of activity. The series is concluded by James McKeen's address on "Corporate and Other Trusts," in which he comes to the defense of the corporations, protests against unwarranted interference with them, and charges the individuals back of them with the real responsibility for such wrong-doing as takes place. The different attitudes taken by these men in approaching this problem and the variety of the opinions expressed are most suggestive, and should more than ever press home upon the business men of the country the great necessity for attacking the problem with increased determination and thought. Colonization.