(5) A “logically-minded” man rationalizes every new proposition before he adopts it. That is, he analyzes with the utmost care and with unprejudiced frankness all the favorable and unfavorable situations; he then throws them into the balance of honest judgment and adopts the indications of said balance, unequivocally.
(6) Chance is a confession of ignorance. If man possessed infinite knowledge, the term chance would have no place in his vocabulary.
The games of chance are money making schemes supported by the gambling fraternity. On the basis of averages, the gambler, in the long run, must terminate his career “behind the game.”
High rate of interest implies great risk; low rate of interest little risk.
(7) “Win right or wrong” epitomizes the teachings of modern sophistry. With the coming of better thinking, a more efficient democracy will obtain.
(8) Rational progress combines the best of the old with what seems to be the best of the new.
Blind love for the old, or ultra conservatism, is due to the two forces of race instinct and power of imitation.
An adherence to the “old way anyway” may mean retrogression; whereas following the new way, simply because of its newness, may involve unnecessary waste.
(9) Work which is not drudgery; work which causes the organs of the body and the powers of the mind to function normally; work which gives comfort without luxury; work which forces one to the highest actualization of his physical and spiritual powers is man’s greatest blessing.
(10) Logically considered personal aggrandizement is not a true standard of success. Success involves personal worth rather than personal holding.