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Page 1 of 11916 · PDF PAGE 15
All his life, until the last five years, Mr. Stuart has been a man of affairs. He went to work at fourteen years of age under his father, and was gradually compelled to do the work of both, with the result that before his twenty-first birthday he had become freight traffic manager for Central Americas most important railroad. He has also been in charge of various consular and diplomatic offices from time to time. He was land commissioner of the Panama Railroad; and has also been in the real estate and mining businesses, and factor of an import…
1916 · PDF PAGE 3
Now, whenever a crisis occurs in the affairs of the world, it is imperative that they should be examined de novo by a mind which has never lost sight of fundamentals. The expert becomes useless at such times for the very reason that he is an expert. Temporary expedients will not serve. As a matter of fact, this is always more or less subconsciously recognized by the good sense of the people. The hopes which were excited by the election of Mr. Wilson to the presidency were based entirely on the fact that he was not a professional politician. In …
1916 · PDF PAGE 1
… England never made so serious a mistake as when she failed to utilize the brain of Carlyle. The tendency of all men who are immersed in affairs, whether public or private, is to become concentrated upon tactical problems, and in so doing this they lose sight of the principles of strategy. The real ruler or adviser of a nation should be a man entirely free from the expediencies of the passing day. The mischief wrought by failure to understand these facts is particularly obvious in finance. Politics, in some countries at least, is still looked a…
1916 · PDF PAGE 16
…ill greater mistake, has failed in sound development in some one point. Of this method Mr. Stuart shows absolute command in his domestic affairs. And his proposals for dealing with the
1916 · PDF PAGE 6
…ves, who cannot read or write, has never travelled beyond the radius of twenty miles from his hamlet, and knows nothing of his countrys affairs, much less of the worlds, could never be so insensible to the facts of human nature as Henry Ford. You could argue with him til all was blue, but you would never even begin to persuade him. He would know it was all nonsense, just in the same way as you cannot fool a dog about a tramp. It is true that this instinct is sometimes wrong after all in certain minor matters, because now and then conditions…
1916 · PDF PAGE 13
…ather bad form. People do not want to be moved to do more than pass a nicely worded resolution. But if a real crisis should arise in the affairs of the nation, then would come the moment of the genuine prophet. With a force not his own, but cosmic and elemental, he would sweep away the cobwebs of the old ideas, the accepted sophistries of