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V O L . LIII. N o . 18. Published Every Saturday by Edward Lyman Bill at 1 Madison Ave., New York, Nov. 4,1911
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Tomorrow
N
EW viewpoints are constantly changing trade horizons everywhere. Old methods are being
tossed into the scrap heaps of the past and new tools of trade—newer systems—are being put
into active use in the business world.
So great is the tension, so terrific the demands, so resistlessly swift the onward march that
the most advanced system of to-day is tossed into the scrap heap of to-morrow.
Perhaps there never has been a better illustration of advance than has been instanced in the splendid
fleet representing the naval power of the United States which has been gathered in these waters during
the past week.
Many of us remember the naval parade of the Columbian year, when our little "white squadron" con-
stituted our very modest claim to sea dominion.
Then, in later years, when Dewey's squadron came back from Manila, and the boats comprising the
fleet which had swept the Spanish power from the New World were present in gorgeous array. But,
where are they now? Gone to the scrap heap. The monitors, dynamite cruisers, the boats that beat
down Spain's Western Empire, the plucky Texas which was in at the death of Santiago was made a
target the other day and sunk in mud.
All have gone. Among the massive fighting machines which have gathered on the Hudson this
week, there were none which won the victories of but a few years ago.
The boats of to-day are mightier; and, so rapid has been the progress that the best of but a decade
gone by have been scrapped; and, it will only be a few years before these ships of the nrw armada will,
all have become a ruinous heap of old iron.
*_•
And why? Because progress never halts, we are always moving on, and in the a y near future the
aeroplane may revolutionize the fighting powers of the world.
And so in industrial history we see the same lessons repeated. A lot of the methods which in their
time were good have become obsolete.
They have gone to the scrap heap and we see to-day vaster and more perfect fighting business institu-
tions whose aggressive strength is always in evidence, and unless the forces at their head profit by the ex-
perience of the past—unless they keep up with the procession, they will join the heaps which 1! ne the
ruinous past, because there is no standing still.
Some of the institutions which occupied high positions in days agone * e tumbled down from alti-
tudinou^ heights and are hardly discoverable.
Others who were not known until recently have now assumed gigantic proportions.
And so it goes—the laws of change everywhere; and business men to-day who are resting in fancied
security should understand that the tidal wave of progress is sweeping everything before it.
In this age the world is spinning four times as fast as it used to and improvement dismantles more
machinery than ever before and no man who feels a sense of security can rest, for self-satisfaction is an
enemy to growth; and the call is for new methods—new ideas all the time! And we must heed the lesson
else we, too, will be tossed into the scrap heap of to-morrow.