. The progress of the Empire State a work devoted to the historical, financial, industrial, and literary development of New York. on, though no more than among smaller rivals. Thetendency is for the survival and growth only of those com-binations which possess a decent regard for the opinionsof mankind, and a sense of moderation which governs their dealings with their business associates, their employees, 15 226 PROGRESS OF THE EMPIRE STATE and the public. On the credit side of our account withalmost all industrial combinations must be placed theirinfluence in raising the standards of industri
. The progress of the Empire State a work devoted to the historical, financial, industrial, and literary development of New York. on, though no more than among smaller rivals. Thetendency is for the survival and growth only of those com-binations which possess a decent regard for the opinionsof mankind, and a sense of moderation which governs their dealings with their business associates, their employees, 15 226 PROGRESS OF THE EMPIRE STATE and the public. On the credit side of our account withalmost all industrial combinations must be placed theirinfluence in raising the standards of industrial and commer-cial efficiency. The natural tendency has been to bring tothe leadership of the combinations the best equipped andmost progressive men. These men have taken the lead inthe movement toward better organization of business andbetter training for executive positions. Perhaps the bestthing that can be said of industrial combinations, both inNew York State and elsewhere, is that though they makeit hard for the small man to succeed independently, theyoffer a great opportunity to men of first-rate ability GEORGE BRUCE CORTELYOU Ex-Secretary of the Treasury; born New York City, July 26,1862; son Peter C, Jr., and Rose (Scary) Cortelyou; graduatedHempstead (L. I.), Institute, 1879; State Normal School, West-field, Mass., 1882; , Georgetown University, 1895; ,Columbian (now George Washington) University, 1890; ,Georgetown, 1903; Ky. Wesleyan, 1905; University of Illinois,1905. Married Lily Morris, daughter Dr. Hinds, presidentHempstead (N. Y.) Institute, September 15, 1888. Generallaw and verbatim reporter, New York, 1883-85; principal ofpreparatory schools, New York, 1885-89. Entered public service,1889, and was private secretary to various officials, includingpost-office inspector at New York, Surveyor of the Port of NewYork, and fourth assistant postmaster-general. Was madestenographer to the President, November, 1895; executive clerk,February
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