Industries and the workers should be protected from incompetent
managers, investigators and impractical theorists.
Industries and the workers go forward by actual work, not on
manipulation of stocks, bonds, laws and schemes to wreck or boost
for temporary gain of some one interest.
In general it is safe to have faith in the honesty of the workers
and those who cooperate with them--at least we can start with the
assumption that honesty and square dealing are not monopolized by
If we will remember that an industry has a vitality the same as a
man, that its life can be destroyed by an ignorant investigator
with a probe poking into every nerve and muscle, we will make
Vermont a more natural place for industrial development and
The attitude of the workers and the general public should be
cordial instead of antagonistic for every desirable industry is an
asset of great value.
In theory and law an industry belongs to the stockholders, at
least it is for the stockholders to elect the board of directors
who through practical officers manage the business; but, as a
matter of actual fact, to the man who has the best job in the
world for himself right in that organization, the life of the
organization is of greater importance than it is to any one of the
stockholders. In the same sense the existence of the industry is
of greater value to many others in the organization and in the
community than it is to the stockholders.
Hence, anything that interferes with the success of the
organization injures many people.