An appeal to the old American spirit was made in Boston last week before the staid New England Council. Council President Edward Everett Chase pointed to ". . . the great inconsistency between what is being said about free enterprise and what is being done by owners of the capital that is essential to free enterprise.
"Everywhere we encounter a reluctance to take risks. Everywhere we find a strong belief in private ownership, and everywhere we see a scarcity of persons willing to become owners when risk is apparent.
"The demand for security is not confined to the...
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