If American businessmen are right in the way most of them live now, then all the wise of the ages, then all the wise of the ages, the prophets and the saints were fools. If the saints were not fools, then the businessmen must be.

Such is the stern, uncompromising beginning of a leading article in Fortune when the Chancellor of the Jewish Seminary writes on ‘The American Businessman's Moral Failure'. He realizes that, in an industrial society especially, the manager bears tremendous responsibility: his customs, morals and attitudes pervade the whole life of the country. The tragedy, as this article stresses, is that most managers have lost sight of the moral sources of economic strength and that no country can reach the height of economic success achieved by Britain or the United States without a philosophy and a faith more concerned with the human spirit than the comfort of the body.

Nearly two years ago, the British Institute of Management programmed for official discussion: ‘Are we failing to stress sufficiently in our selection and development of management the spiritual aspects?’ and within the last two months Belgian employers have discussed—for the first time—'Evangelical Poverty and the Christian Employer'.