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Barbara Weinstock Lectures on
The Morals of Trade
THE ETHICS OF COÖPERATION. ByJames H. Tufts.
HIGHER EDUCATION AND BUSINESS STANDARDS. ByWillard Eugene Hotchkiss.
CREATING CAPITAL: MONEY-MAKING AS AN AIM IN BUSINESS. ByFrederick L. Lipman.
IS CIVILIZATION A DISEASE? ByStanton Coit.
SOCIAL JUSTICE WITHOUT SOCIALISM. ByJohn Bates Clark.
THE CONFLICT BETWEEN PRIVATE MONOPOLY AND GOOD CITIZENSHIP. ByJohn Graham Brooks.
COMMERCIALISM AND JOURNALISM. ByHamilton Holt.
THE BUSINESS CAREER IN ITS PUBLIC RELATIONS. ByAlbert Shaw.
THE ETHICS
OF COÖPERATION
By
JAMES H. TUFTS
PROFESSOR OF PHILOSOPHY IN THE UNIVERSITY OF CHICAGO
BOSTON AND NEW YORK
HOUGHTON MIFFLIN COMPANY
The Riverside Press Cambridge
1918
COPYRIGHT, 1918, BY THE REGENTS OF THE
UNIVERSITY OF CALIFORNIA
ALL RIGHTS RESERVED
Published September 1918
BARBARA WEINSTOCK
LECTURES ON THE MORALS OF TRADE
This series will contain essays by representative scholars and men of affairs dealing with the various phases of the moral law in its bearing on business life under the new economic order, first delivered at the University of California on the Weinstock foundation.
THE ETHICS OF COÖPERATION
I
Accordingto Plato's famous myth, two gifts of the gods equipped man for living: the one, arts and inventions to supply him with the means of livelihood; the other, reverence and justice to be the ordering principles of societies and the bonds of friendship and conciliation. Agencies for mastery over nature and agencies for coöperation among men remain the two great sources of human power. But after two thousand years, it is possible to note an interesting fact as to their relative order of development in civilization. Nearly all the great skills and inventions that had been acquired up to the eighteenth century were brought into man's service at a very early date. The use of fire, the arts of weaver, potter, and m