The Theory Of Business Enterprise

and eighteenth centuries. But the disciplinary effects of warlike pursuits and of warlike preoccupations are much the same whatever may be their initial motive or ulterior aim. The end sought in the one case was warlike mastery and high repute in the matter of ceremonial precedence ; in the other, the modem case, it is pecuniary mastery and high repute in the matter of commercial solvency. But in both cases alike the pomp and circumstance of war and armaments, and the sensational appeals to patriotic pride and