Taxation has its limitations as a method of achieving better economic distribution since for this purpose it is essentially remedial. We must also take a positive approach by finding new ways to spread ownership of future capital growth more broadly in our society.
I should say in general the advantage of education is to better fit a man for life’s work. I would advise young men to take a college course, as a rule, but think some are just as well off with a thorough business training.
I was trained from the beginning to work, to save. I have always regarded it a as a religious duty to get all I could honorably and to give all I could.
