The Business of Finance

Cover The Business of Finance
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What they really want is a INVESTMENT & SPECULATION 109 speculation which will give them a large in- crease in the sum that they have put into the venture. They see attractive prospectuses and circulars promising wealth beyond the dreams of avarice, and when these ventures do not turn out a success they regard the whole machinery of finance as a complicated swindle, which is best left alone.
It is highly important for the future development of industry that some more reasonable frame of mind sh
...ould be developed in the general public on the subject of money and of investment, that it should be taught that the man who spends all that he earns or gets on his own amusement and enjoyment leaves the world materially just as poor as he found it, and that if we all managed our money affairs on these simple lines industrial progress would be impossible. It is only those who have saved, and so increased the equipment of mankind in its power over nature to pro- duce, who can feel that they have helped towards that great future when, the material wants of man being easily supplied, he will have some time to look after things that are perhaps more important.

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