Economic essays

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Monograph

Identifikator:: 1753623200

URN:: urn:nbn:de:zbw-retromon-136107

Document type:: Monograph

Title:: Economic essays

Place of publication:: New York

Publisher:: Macmillan

Year of publication:: 1927

Scope:: viii, 368 S.; Ill., graph. Darst.

Digitisation:: 2021

Collection:: Economics Books

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356 APPENDIX after man among us, of excellence and capacity and character, closes the door behind him for the last time with very poor appreciation of the affection in which he is held by great companies of those who have lived and labored with him. What a satisfaction to a man crossing what Pro- fessor Burgess calls the frontier of the eighties, to be told to his face by a representative company of scholars and university men such as this, of their affection for his person, of their appreciation for his service, of their esteem for his scholarship. The practical man always seems to me like the miner. He goes down cach morning into his pit with such illumination as comes from the little lamp which is fixed on the peak of his cap, and he goes about his daily work with intelligence, with success, with industry, but without the remotest appreciation of what it is all about. He has no notion of how coal came to be where it is, or what is going to happen to the daily life and occupa- tion of man when there is no more coal and some substitute for it has to be found. He has no suspicion of the intricacies of trade and commerce and finance that are built upon and grow out of the daily work of his hands and the hands of those placed like himself. He plays his part in isolated unconsciousness of the meaning of it all. It is the poet and the philosopher who understand what it is all about. It is the poet with his occasional lightning flash of genius who illumines our task ; it is the ohilosopher who, by grasp upon it, by vision, by insight and power of interpretation, tells us what it all means. - - This friend of ours is a philosopher, one of the not too many philosophic heads among our scholars who in this day of high specialization are, many of them, working with great industry and capacity on tasks, the meaning and interpretation of which they know not. Professor Clark has been a life-long philosopher, an interpreter. He has seen deep down into the root of principle; he has developed principle; he has applied and interpreted principle. He has made his place and his fame permanent, not by any patient and industrious accumulation and reclassification of facts, but by an insight which puts facts in their framework, in their proportion. He has led those of us who can follow his illuminating pen to understand the significance of economic life, of economic organization and of the economic process. This is what gives him his distinction and makes him in a sense the leader and founder of a school. - All over this land there are glad and grateful men of distinction, power and accomplishment, who are proud to call themselves men who have passed through his lecture room in years gone by. He is a captain of the mind who has recruited and trained and organized an army of believers in the mind and what the mind is and can do. It is my fortune, happy fortune, to be intimately associated with him as friend and colleague for more than thirty years and to have seen him in another relationship where he had opportunity to reveal his power to a very wide audience. When the Carnegie Endowment for International Peace was organized by Mr. Carnegie seventeen years ago, a plan of organization was devised which put the work to be done into three classes or categories or divisions. One was to deal with intercourse and education.

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