peration. Furthermore it should be protected from impractical
promoters, impractical managers and obstructive theorists.

It is actual work and accomplishment that counts. The workers and
those who lead and cooperate with them should not have their
combined efforts handicapped by those who have never done actual
work or who have never been performing an essential service.

Indifference and misdirection are our greatest enemies in times of
peace. These hinder our growth and if allowed to exist, will
ultimately lead to our becoming a subservient people.

We are all ready to accept these facts but may differ as to the
best ways to use our energies.

We are already making good progress in various branches of
agriculture, granite and marble work, and in various branches of
manufacturing of wood, textiles and metal, but a direct comparison
with our manufacturing states shows that we do not bring into the
state an adequate return for our labor.

Many of our young people migrate to more remunerative kinds of
work in other states, and as already stated some of these
Vermonters have led in the creation and upbuilding of great
industrial establishments.

There are now many good chances to create new and energize our
existing industries.

Some may ask why should we consider other industries when we can
find many good opportunities in our present enterprises. The
answer is that our people drift away to other states to get into
these industries for there they have discovered that the best
chance to produce a large value for a day's work is where best
implements are used and where there is the best organization of
workers.

They have found that in some respects we are lagging behind in the
use of best methods and best implements.

OUR PROBLEM.

Without going further into the analysis of the conditions that
confront us, it is obvious that an increase in the size and number
of desirable industries is an object worthy of our attention and
efforts.

We have clearly in mind that more money flowing into the state
will improve our entire economic situation. Taxes, markets,
population, schools, opportunities for Vermonters and general
improvement in all values and interests.

The next thing to do is to get an industrial policy that will
guide us in our course as individuals, managers, engineers,
manufacturers, investors, progressive workers and as citizens. The
idea must precede action and the action must precede results