Page:Hine (1912) Letters from an old railway official.djvu/23

 moral and spiritual welfare could not be left to depend upon the uncertain earthly existence of the leader or trustee. So, both rationally and empirically, by reason and by costly experiment, came the corporation to beat Death at his own game. Like all progress the corporation was resisted, because in the divine scheme of things the radicals never long outnumber the conservatives. Like all real progress the corporation idea won because it was needed. The corporation, whether governmental, religious, industrial or commercial, marks a distinct advance from feudalism by protecting the rights of the many against the caprice of the few. Because we have moved so fast might has often seemed to be right. Because the line of least resistance is the most attractive, we have sometimes backed down the hill and doubled when a good run with plenty of sand would have carried us over. Large corporations, including many railways, have often failed to attain maximum efficiency. Much of this can be traced to a neglect to carry out consistently in practice the sound working conception of the corporation. The corporation has helped society to emerge from political and financial feudalism. The interior