e river. He was very thoughtful. He said, "Mr.
Babson, I have been wondering why it is that South America with all its
great natural advantages is so far behind North America notwithstanding
that South America was settled before North America." Then he went on to
tell how the forests of South America had two hundred and eighty-six
trees that can be found in no book of botany. He told me about many
ranches that had thousands of acres under alfalfa in one block. He
mentioned the mines of iron, coal, copper, silver, gold; all those great
rivers and water-powers which rival Niagara. "Why is it, with all these
natural resources, South America is so far behind North America?" he
asked. Well, those of you who have been there know the reason. But,
being a guest, I said:

"Mr. President, what do you think is the reason?"

He replied: "I have come to this conclusion. South America was settled
by the Spanish who came to South America in search of _gold_, but North
America was settled by the Pilgrim Fathers who went there in search of
_God_."

Friends, let us as American citizens never kick down the ladder by which
we climbed up. Let us never forget the foundation upon which all
permanent prosperity is based.

_Printed in the United States of America_

End of Project Gutenberg's Fundamentals of Prosperity, by Roger W. Babson

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