Economic Problems of Common Interest to Canada and the United States
Publication
The Empire Club of Canada Addresses (Toronto, Canada), 25 Jan 1954, p. 171-179
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Economic Problems of Common Interest to Canada and the United States


A joint meeting of The Empire Club of Canada, The Canadian Club of Toronto and The American Men's Club of Toronto. The speaker addresses the audience as a businessman, about some of the problems which are of fundamental importance to the business system in which both Canada and the United States are closely linked. The fact that for many years more Americans and Canadians have been earning more and spending more money than have any similar number of people anywhere in the history of the world; reasons why. Why the present-day system is superior to old-world capitalism with its self-imposed restraints, cartels and fear of competition. Our flexible society; each person starting out with an opportunity. A look at what business is, how it operates, and what it contributes. Business as conducted on the basis of our enterprise system, providing a return on invested funds for all classes of thrifty people. Putting savings to work. Business as more than the machine and its products. One of the objectives of the present American Administration: the freeing of world trade. Evidence of progress made. Canada and the United States, taking the efficiency, common sense and the broad consideration which are fundamental to good sound business and applying them to our communities and government.