Business & Finance: Good Faith

Day before the National Trade Council convention in Charleston, S. C., the Commercial Club of Chicago gathered in Chicago to hear Dwight W. Morrow, partner of J. P. Morgan & Co., discourse on the aims and methods of investment bankers who deal in foreign securities. Mr. Morrow rarely talks in public, but always to the point. Money, said he, should not be collected by war: "Entirely apart from the immorality of putting human lives to the hazard of modern war where the sole issue is a pecuniary claim, there is a conclusive practical reason...

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