Combination does not produce though mergers and combinations are still the accepted panacea. In Big business there appears … - Reginald Fessenden

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The importation and sale of marijuana is condemned and punished as a serious crime, but we accept as legitimate the manufacture and sale of an infinitely more addictive and deadly drug: the nicotine in cigarettes that cost the lives of 390,000 American citizens last year.

Reginald Fessenden

Combination does not produce though mergers and combinations are still the accepted panacea. In Big business there appears to be increasing aridity, bureaucracy, and stultifying sacrifice of initiative and above all fear.

Acceptance, Appears, Big, Combination, Sacrifice, Science

Same Author Quotes

All our civilization is based on invention; before invention, men lived on fruits and nuts and pine cones and slept in caves.

Caves, Men, Nuts, Science, Sleep

An inventor is one who can see the applicability of means to supply demand five years before it is obvious to those skilled in the art.

Art, Five, Mean, See, Years

No organization engaged in any specific field of work ever invents any important developers in that field, or adopts any important development in that field until forced to do so by outside competition.

Engaged, Forced, Hard Work, Organization, Science

The inventor and the research man are confused because they both examine results of physical or chemical operations. But they are exact opposites, mirror images of one another. The research man does something and does not care [exactly] what it is that happens, he measures whatever it is. The inventor wants something to happen, but does not care how it happens or what it is that happens if it is not what he wants.

Confused, Man, Measures, Men, Mirror, Mirrors

. . . in going over the history of all the inventions for which history could be obtained it became more and more clear that in addition to training and in addition to extensive knowledge, a natural quality of mind was also necessary.

Addition, Extensive, History, Knowledge, Natural, Science