siness is conducted by different methods than in the past.
The management affords a broader field for judgment and thought. Many,
in the future, may succeed without a college education, but they will
work at a disadvantage. The chances are always in favor of the man who
is well educated. It is a common belief that a college education
unfits a man for practical work. He often does appear at a
disadvantage on leaving college, but, other things being equal, he
will distance, within a few years, the man of like ability who has not
been rigorously trained to see, think, and judge. "Experience also
confirms this impression by the decisive testimony gathered from a
multitude of witnesses," says Noah Porter, "that the young man who
leaves college at twenty-one, and enters a counting or sales-room,
will, at twenty-three, if diligent and devoted, have outstripped in
business capacity the companion who entered the same position at
sixteen and has remained in it continuously, while in his general
resources of intellect and culture he will be greatly his superior."

Germany has for more than fifty years insisted that her youth should
not only have the foundation of a general education, but that
opportunities should be given for higher commercial instruction. This
superior education and training is producing its legitimate results.
Notwithstanding the many unfavorable circumstances which have combined
to prevent her growth in commerce and industry, Germany has gained an
amount of skill and experience in mercantile training that has no
parallel in France, England, or America. The advance of German trade
is due to the superior fitness of the Germans through their systematic
training in technical schools.

M. Ricard, in his report to the French Chamber of Commerce, said:
"Every intelligent man must admit that the invasion of our commerce by
foreigners is due entirely to this educational inferiority. The
Germans are taking our places everywhere. They even supplant the
English. Let the merchants of France take warning in time. German
commerce has better instruction, better discipline, and greater
enterprise than French commerce; it is at home everywhere; no
languages are foreign to it; it keeps a lookout over the world; it is
not ashamed to go to school, and if you do not awake from your
lethargy, it will annihilate you."

The London Chamber of Commerce found, on examination, that ninety-nine
per cent. of Englishmen who take to commerc