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to the clergy and their opinions; for the churchmen were then; in



the popular apprehension; proficient in all those matters that



were of most substantial interest to the common man of that time。



Indeed; the salvation of men's souls was then a matter of as



grave and untiring solicitude as their commercial solvency has



now become。 And the trained efficiency of the successful



clergyman of that time for the conduct of spiritual and



ecclesiastical affairs lent him a prestige with his fellow men



such as to give his opinions; decisions and preconceptions great



and unquestioned weight in temporal matters as well; he was then



accepted as the type of wise; sane and benevolent humanity; in



his own esteem as well as in the esteem of his fellows。 In like



manner also; in other times and under other cultural conditions



the fighting…man has held the first place in men's esteem and has



been deferred to in matters that concerned his trade and in



matters that did not。



    Now; in that hard and fast body of aphoristic wisdom that



commands the faith of the business community there is comprised



the conviction that learning is of no use in business。 This



conviction is; further; backed up and coloured with the tenet;



held somewhat doubtfully; but also; and therefore; somewhat



doggedly; by the common run of businessmen; that what is of no



use in business is not worth while。 More than one of the greater



businessmen have spoken; advisedly and with emphasis; to the



effect that the higher learning is rather a hindrance than a help



to any aspirant for business success;(4*) more particularly to



any man whose lot is cast in the field of business enterprise of



a middling scale and commonplace circumstances。 And notoriously;



the like view of the matter prevails throughout the business



community at large。 What these men are likely to have in mind in



passing this verdict; as shown by various expressions on this



head; is not so much the higher learning in the proper sense; but



rather that slight preliminary modicum that is to be found



embodied in the curriculum of the colleges;  for the common run



of businessmen are not sufficiently conversant with these matters



to know the difference; or that there is a difference; between



the college and the university。 They are busy with other things。



    It is true; men whose construction of the facts is coloured



by their wish to commend the schools to the good will of the



business community profess to find ground for the belief that



university training; or rather the training of the undergraduate



school; gives added fitness for a business career; particularly



for the larger business enterprise。 But they commonly speak



apologetically and offer extenuating considerations; such as



virtually to concede the case; at the same time that they are



very prone to evade the issue by dwelling on accessory and



subsidiary considerations that do not substantially touch the



question of trained capacity for the conduct of business



affairs。(5*) The apologists commonly shift from the undebatable



ground of the higher learning as related to business success; to



the more defensible ground of the undergraduate curriculum;



considered as introductory to those social amenities that devolve



on the successful man of business; and in so far as they confine



themselves to the topic of education and business they commonly



spend their efforts in arguing for the business utility of the



training afforded by the professional and technical schools;



included within the university corporation or otherwise。 There is



ground for their contention in so far as 〃university training〃 is



(by subreption) taken to mean training in those 〃practical〃



branches of knowledge (Law; Politics; Accountancy; etc。) that



have a place within the university precincts only by force of a



non…sequitur。 And the spokesmen for these views are commonly



also; and significantly; eager to make good their contention by



advocating the introduction of an increased proportion of these



〃practical〃 subjects into the schedule of instruction。



    The facts are notorious and leave little room for cavil on



the merits of the case。 Particularly is the award of the facts



unequivocal in America;  the native ground of the self…made



businessman; and at the same time the most admirably



thorough…paced business community extant。 The American business



community is well enough as it is; without the higher learning;



and it is fully sensible that the higher learning is not a



business proposition。



    But a good rule works both ways。 If scholarly and scientific



training; such as may without shame be included under the caption



of the higher learning; unfits men for business efficiency; then



the training that comes of experience in business must also be



held to unfit men for scholarly and scientific pursuits; and even



more pronouncedly for the surveillance of such pursuits。 The



circumstantial evidence for the latter proposition is neither



less abundant nor less unequivocal than for the former。 If the



higher learning is incompatible with business shrewdness;



business enterprise is; by the same token; incompatible with the



spirit of the higher learning。 Indeed; within the ordinary range



of lawful occupations these two lines of endeavour; and the



animus that belongs to each; are as widely out of touch as may



be。 They are the two extreme terms of the modern cultural scheme;



although at the same time each is intrinsic and indispensable to



the scheme of modern civilization as it runs。 With the excision



or serious crippling of either; Western Civilization would suffer



a dislocation amounting to a revolutionary change。



    On the other hand; the higher learning and the spirit of



scientific inquiry have much in common with modern industry and



its technological discipline。 More particularly is there a close



bond of sympathy and relationship between the spirit of



scientific inquiry and the habit of mind enforced by the



mechanical industries of the modern kind。 In both of these lines



of activity men are occupied with impersonal facts and deal with



them in a matter…of…fact way。 In both; as far as may be; the



personal equation is sought to be eliminated; discounted and



avoided; so as to leave no chance for discrepancies due to



personal infirmity or predilection。 But it is only on its



mechanical side that the industrial organization so comes in



touch with modern science and the pursuit of matter…of…fact



knowledge; and it is only in so far as their habits of thought



are shaped by the discipline of the mechanical industries that



there is induced in the industrial population the same bent as



goes to further or to appreciate the work of modern science。 But



it would be quite nugatory to suggest that the governing boards



of the universities should be made up of; or should comprise;



impecunious technologists and engineers。



    There is no similar bond of consanguinity between the



business occupations and the scientific spirit; except so far as



regards those clerical and subaltern employments that lie wholly



within the mechanical routine of business traffic; and even as



regards these employments and the persons so occupied it is; at



the most; doubtful whether their training does not after all



partake more of that astute and invidious character of cunning



that belongs to the conduct of business affairs than of the



dispassionate animus of scientific inquiry。



    These extenuating considerations do not touch the case of



that body of businessmen; in the proper sense of the term; from



which the membership of the governing boards is drawn。 The



principles that rule business enterprise of that larger and



pecuniarily effectual sort are a matter of usage; appraisement;



contractual arrangement and strategic manoeuvres。 They are the



principles of a game of competitive guessing and pecuniary



coercion; a game carried on wholly within the limits of the



personal equation; and depending for its movement and effect on



personal discrepancies of judgment。 Science has to do with the



opaquely veracious sequence of cause and effect; and it deals



with the facts of this sequence without mental reservation or



ulterior purposes of expediency。 Business enterprise proceeds on



ulterior purposes and calculations of expediency; it depends on



shrewd expedients and lives on the margin of error; on the



fluctuating margin of human miscalculation。 The training 

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