02334cam a22003253u 450000100060000000300070000600500170001300600020003000700050003200800410003701000130007804000110009104100170010205000070011910000300012624500170015626400510017330000470022433600260027133700260029733800360032350000310035950801880039052012650057853400450184365300120188865300480190085600430194899900170199129256UtSlPG20260610133651.0mcr n260607r2009||||utu|||||o|||||||||||||| d  a16015144  aUtSlPG 7aen2iso639-1 4aHG1 aKahn, Otto H.,d1867-193410aHigh Finance 1aSalt Lake City, UT :bProject Gutenberg,c2009  a1 online resource :bmultiple file formats  atextbtxt2rdacontent  acomputerbc2rdamedia  aonline resourcebcr2rdacarrier  aRelease date is 2009-06-27  aProduced by The Online Distributed Proofreading Team at
https://www.pgdp.net (This file was produced from images
generously made available by The Internet Archive/American
Libraries.)  a"High Finance" by Otto H. Kahn is a significant address delivered at the Annual Dinner of the American Newspaper Publishers Association in the early 20th century, around 1916. As a public discourse rather than a traditional book, it scrutinizes the public's perception of finance and financiers, particularly in the context of American society. This work delves into the concept of "high finance," exploring its misinterpretations and the essential role it plays in the economy.  In this address, Kahn argues that finance is often misunderstood and unfairly maligned due to misconceptions and a lack of appreciation for its constructive functions. He emphasizes that finance is not synonymous with speculation or exploitation, but rather involves the organization of capital for productive endeavors. Throughout the speech, he defends the integrity of financiers while acknowledging past mistakes, pointing out that the rise of new ethical standards and laws indicates a positive evolution in the industry. Kahn calls on financiers to embrace transparency, public scrutiny, and community service, urging them to foster trust and educate the public about their essential roles in economic development and stability. (This is an automatically generated summary.)  nOriginal publication data not identified  aCapital  aCapitalists and financiers -- United States40uhttps://www.gutenberg.org/ebooks/29256  c70104d70104