These are pushed out, so to say, by the dirty crowd of little men.

After a generation or two they retire into idle luxury.

Upon their immense capital they can only obtain low profits, and these they do not think enough to compensate them for the rough companions and rude manners they must meet in business.

This constant levelling of our commercial houses is, too, unfavourable to commercial morality.

Great firms, with a reputation which they have received from the past, and which they wish to transmit to the future, cannot be guilty of small frauds.