176  Discussion  on  Pharmaceutical  Ethics.  {^'l^vm*™' 
considered.  It  is  principle,  after  all,  which  determines  action  in  all 
pursuits  of  life,  and  assumes  proportionately  increasing  value  and  im- 
portance as  the  vocation  of  the  individual  is  more  or  less  related  to 
the  welfare  of  those  of  his  fellow  beings  who  necessarily,  because  of 
obtaining  conditions,  patronize  him  and  rely  upon  him  for  service. 
"  The  whole  matter  resolves  itself  into  the  one  word  character,  and 
implies,  therefore,  the  moral  sense  of  obligation  and  that  conformity 
therewith  which  moulds  a  man's  every  act  into  a  class  belonging  to 
either  the  right  or  the  wrong. 
"  What  a  man  does  in  the  struggle  for  existence,  and  in  endeavor- 
ing to  provide  himself  and  those  dependent  upon  him  with  the 
means  necessary  for  comfortable  existence,  finds  him,  as  things  go, 
exponent  of  character,  the  actions  of  which  are  in  conformity  with 
what  Professor  Hynson  so  forcefully  expressed  when  he  said  '  Con- 
duct is  based  upon  the  laws  of  right,  truth  and  justice.' 
"  It  is  the  growth  and  development  or  the  standard  of  moral  char- 
acter, therefore,  underlying  the  action,  particularly  of  those  pursuing 
the  professions  and  their  art  that  we  represent,  which  is  to  be  a  con- 
dition for  the  success  of  their  highest  achievements. 
"  I  am  reminded  here  of  that  leader  in  thought  of  rational  medi- 
cine who  has  been  so  conspicuous  in  matters  pharmaceutical,  and 
who  has  stood  before  the  medical  and  pharmaceutical  worlds  in  the 
light  of  strong  character  and  as  a  leader  and  a  giant  in  progress, 
Prof.  Horatio  C.  Wood,  who  defines  character  as  'an  established 
equilibrium  existing  between  the  emotional,  the  intellectual  and  the 
volitional,'  and  this  implies  a  struggle  to  maintain  the  equilibrium, 
since  the  impulses  originated  by  the  emotional  are  recognized  by 
the  intellectual  to  belong  to  either  the  good  or  evil,  and  by  a  culti- 
vation of  the  volitional  enables  the  body  to  control  the  impulse,  in- 
stead of  the  impulse  controlling  the  body,  and  just  as  soon  as  this  is 
established  will  right  action  be  the  result. 
"  Recompense,  if  based  upon  a  questionable  commercial  competi- 
tion, the  outgrowth  of  oblique  methods  of  reaching  the  end,  never 
can  assume  a  definite  relation  between  service  and  reward.  Intrin- 
sic values  are  only  established  by  the  honest  exercise  of  intelligence, 
and  when  character  marks  the  followers  of  the  science  and  art  we 
represent,  the  ethical  practitioner,  other  things  being  equal,  will  re- 
ceive the  legitimate  and  amply  compensating  reward. 
"  It  is  with  pleasure  that  opportunity  is  given  to  emphasize  the 
