Morals in Trade And Commerce

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The 12 law as construed by the Supreme Court is such that the business of the country cannot be conducted without breaking it. " But let it be admitted that there are cases where abuses exist and where methods of doing business that were harmless enough and even necessary enough a few years ago are now working hard- ship upon the public as a result of changed conditions. These abuses should be corrected ; there is no question about that, and they will be corrected either by violent methods that... will leave behind them a heritage of bitter resentments and wrongs or by the way of a real statesmanship that will recognize only facts and that will do justice by methods that are themselves just. For a long time to come it must be the greatest of all problems confronting the statesmanship of our day, a problem that must try our patience and our capacity for self-government. Do not imagine that Amer- ica stands alone on this perilous path of reform. All the countries of civilization stand in the same place.

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