Sketches of the Late Depression Its Cause, Effect and Lessons
Excerpt from Sketches of the Late Depression
Its Cause, Effect and Lessons: With a Synoptical Review of Leading Trades During the Past Decade Ordinarily, the writing up of prosaic commercial axioms histories requires little introduction
the work proceeds in a groove of its own, the phrases made common by usage, the customs in vogue among merchant, and the conditions surrounding trade situations tend to mate a compilation of this character mechanical, and create but small necessity for a preface. I have endeavoured however, to place some old but wholesome truths in as strong a light as is possible for me to reflect, and my object has been to emphasize their meaning and value. My belief that morality goes hand in hand with success in business, that extremely valuable lessons can be learned during a period of adversity - so well learned that they will never be forgotten in the flush of better years, - together with other points which it teems to me are seldom..