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commission agent--who would pay a substantial sum for them." "That is just what Gorman said would happen once it was understood that your firm is behind the new company." "Gorman is--well, astute. But you understand, I am sure, that we cannot do that kind of business." "I always had a suspicion," I said, "that Gorman's scheme was fishy." "I do not say fishy," said Ascher. "Gorman's plan is legitimate, legitimate business, but business of an unenlightened kind. What is wrong with Gorman is that he does not see far enough, does not grasp the root principle of all business. We have a valuable invention. I do not mean merely an invention which will put money into the pocket of the inventor and into our pockets. If it were valuable only in that way Gorman would be quite right, and our wisest course would be to take what we could get with the least amount of risk and trouble, in other words to accept the best price which we could induce the buyers to give us. But this invention is valuable in quite another way. The new machine, if we are right about it, is going to facilitate the business of retail sellers all over the world. It will save time, increase accuracy, and, being cheaper, make its way into places where the old machines never went." "Ah," I said, "curiously enough I looked at the matter in that way when Gorman first mentioned it to me. I said that the world ought to get the benefit of this invention." Ascher nodded. "I see that," I went on. "I understand that way of looking at it. But surely that's altruism, not business. Business men don't risk their money with the general idea of benefiting humanity. That isn't the way things are done." "I agree," said Ascher. "It's not the way things are done or can be done at present, though there is more altruism in business than most people think. Even we financiers----" "I know you subscribe to charity," I said, "largely, enormously." "That's not what I mean," said Ascher. "But we need not go into that. I believe that business is not philanthropy, finance is not altruism." "Then why----?" I said. "On strict business principles, altruism apart, why not take what we can get out of Tim Gorman's invention and let the thing itself drop into the dustheap?" "On business principles," said Ascher, "on the strictest business principles, it would be foolish to do that. From time to time men hit on some improvement in the way of making things or in the way of
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