This page has been validated.

CHAPTER VII

THE LAW OF COMPENSATION

The problem of value with any investment is determined according to the aim of the management, otherwise the soul of the proprietor, owner, or manager.

An elephant and a jackass were born on the same day in the same stable, drank from the same spring of water, and ate from the same bale of hay. At the end of several years every physical fiber of each had come from the same water and the same hay, but the elephant was still more of an elephant and the jackass more of a jackass because one was born with the soul of an elephant and the other with the soul of a jackass.

One of my newspaper associates was recently en route from Winnipeg to meet me in Montreal.

"What did you learn?"

He replied: "I visited all the smoking-cars en route to mingle with the people. They were jovial and light-hearted in the third-class smoker, but in the first-class smoker sullen, morose,