Follies

In the New York Evening Post, last week, Financial Moralist William Feather* wrote, piquantly:

"Business people . . . have temperament. Good businesses are more often ruined by idiosyncrasies of owners than by any other cause. Business men and women . . . are severely handicapped by outbursts of temper, by unreasonable demands, by stubbornness and by vanity.

"The indulgence of these weaknesses burdens many enterprises with thousands of dollars of unnecessary expense. . . .

"Few temperamental business men are cured of their follies. . . . Sometimes they can be induced to take long vacations --to play golf, to buy a yacht, to tour in foreign lands.

"In their absence the treasury can be fattened against the day of their return. It is a mistake to assume that a boss is neglecting his business when he is away from his desk. Often he serves best by letting his assistants do the work."

*Moralist Feather is not the only financial moralizer in New York. Another is Moralist Frank Irving Fletcher, of the staff of the New York Herald Tribune.