"And if that is the case, why, the logic of the postulate is that the
prosperity of the weakest is the sacred charge and highest happiness of
all the stronger. But the law has not recognized any such principle, in
economics at least, and if the labor unions are based upon it they are
outlaw, so far as any hope of enforcing it is concerned; and it is bad for
men to feel themselves outlaw. How is it," the lawyer continued, turning
to the Altrurian, "in your country? We can see no issue here, if the first
principle of organized labor antagonizes the first principle of business."
"But I don't understand precisely yet what the first principle of business
is," returned my guest.
"Ah, that raises another interesting question," said the lawyer. "Of
course, every business man solves the problem practically according to his
temperament and education, and I suppose that on first thoughts every
business man would answer you accordingly. But perhaps the personal
equation is something you wish to eliminate from the definition."
"Yes, of course."
"Still, I would rather not venture upon it first," said the lawyer.
"Professor, what should you say was the first principle of business?"
"Buying in the cheapest market and selling in the dearest," the professor
promptly answered.
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