I am glad to be associated with Dr. Abbott and the group of men and women he has gathered around him, because they practice what they preach; and because they preach the things that are most necessary to the salvation of this people. It is their earnest belief that every man must earn enough to support himself and those dependent upon him; but that when once this has been accomplished, money immediately becomes secondary to many other things. In this matter The Outlook puts its principles into practice. It strives in proper ways to make money. If it did not make money it could not be run at all. But making money is not the prime reason for its existence. The first question asked when any matter of policy arises, so far as The Outlook is concerned, is whether or not a given course is right, and should be followed because it is in the real and lasting interest of the Nation. If this question is answered in the affirmative, then The Outlook follows the course indicated with all the courage, earnestness, and ability that are at its disposal. A Judicial Experience A year after leaving Harvard I ran for the New York Legislature and was elected. In the Legislature I was soon brought in contact with various advocates of what is known as labor legislation; and I eyed both them and their schemes with great distrust. When in Harvard I had studied what were then considered the orthodox political economists; and after leaving college the older men whom I met were for the most part lawyers or business men of wealth who quite sincerely took the ordinary wealthy business man’s view of labor matters. Moreover, in the Legislature, most of the men who professed a loud and ardent interest in the welfare of the laboring man were exceedingly unattractive persons, who, to put it mildly, did not impress one as being either sincere or honest. Many of the labor bills which were introduced were foolish, and were urged in a transparently demagogic spirit, and the labor leaders who came to Albany to argue for them eyed me with a suspicion which I cordially reciprocated. Most of them, I am now inclined to think, were by no means of the best type; and I, in my turn, because of my surroundings both in the classroom and in the social and business world, was alert to pick flaws in anything concerning a labor union, and possessed a self-satisfied narrowness in approaching all labor questions which must have been highly exasperating to my opponents.