The Outlook for America's Industrial Future

IIW HEN we think of William Penn we always think of Philadelphia. But just now, as one reviews events during the past four years, as we look forward to a future in which we draw the picture of a better world, there comes to us another and a broader significance in the life of Penn. This man, some two hundred and fifty years ago, stood for the very principles for which America has fought a world war-liberty, justice, fair play -the reign of law, based upon the consent of the governed. In an age when a popular revolution had almost destroyed popular liberty; when such philosophers and leaders of thought as Locke preached that government should rest upon property; when all history and all experience decried the sovereignty of the people, William Penn boldly asserted man's capacity for self-government: his vision was one of human liberty and he went so far as to establish a colony founded upon liberty. Penn was noted for his success with the Indians,-and why? Is it not because of his sense of fair play, his recognition of the rights of others? He built up a good will, based upon justice,-in fact, his whole life teaches that it pays to follow the very antithesis of the Teutonic policy. His writings are full of hope for permanent peace, something about which we are talking very seriously just now. I rather think that this was the controlling influence that has led the President of the United States to go to the peace table. It is said that after Penn had concluded his famous treaty he solemnly laid the parchment on the ground in token that the soil was common to all people. Here we have the first suggestion looking to the freedom of the seas

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