532 
Commercial  Ethics. 
f  Am.  Jour.  Pharm. 
«•     August,  19 19. 
and  unless  pharmacists  and  physicians  work  together  for  the  pro- 
tection of  medicine  and  pharmacy  both  will  suffer  seriously. 
The  subject  of  closer  affiliation  between  the  state  pharmaceutical 
associations  and  the  American  Pharmaceutical  Association  should 
have  the  fullest  and  freest  consideration  from  every  angle.  There 
should  be  no  hasty  action.  But  it  does  seem  to  me  that  the  possi- 
bilities of  closer  affiliation  are  so  obvious  that  it  would  be  entirely 
safe^  first,  for  every  state  pharmaceutical  association  to  approve  the 
general  principle  of  closer  affiliation,  and  second,  to  appoint  the 
three  delegates  from  the  state  association  (who  will  represent  it  in 
the  House  of  Delegates  of  the  American  Pharmaceutical  Associa- 
tion) as  a  Committee  on  Ways  and  Means  to  consider  the  question 
fully  and  report  their  findings  and  recommendations  at  next  year's 
meetings  of  the  state  associations ;  and,  if  in  order,  I  would  suggest 
such  an  action  by  the  Pennsylvania  Pharmaceutical  Association. 
The  following  resolution  was  unanimously  adopted : 
"  That  the  Pennsylvania  Pharmaceutical  Association  reapprove  the  gen- 
eral principle  of  federation  as  promulgated  by  the  American  Pharmaceutical 
Association,  that  we  appoint  our  three  delegates  to  attend  the  annual  conven- 
tion at  New  York  in  August,  1919,  and  instruct  these  delegates  to  state  to  the 
convention  that  the  plan  of  combining  the  dues  (American  Pharmaceutical 
Association  and  state  pharmaceutical  associations)  on  the  basis  of  100  per 
cent,  membership  is  not  feasible,  but  that  if  some  feasible  plan  can  be  devised 
for  combining  the  dues  and  giving  State  members  the  publications  of  the 
American  Pharmaceutical  Association,  we  would  approve  of  the  plan." 
COMMERCIAL  ETHICS.1 
By  Burwell  S.  Cutler, 
DIRECTOR  OF  THE  BUREAU  OF  FOREIGN  AND  DOMESTIC  COMMERCE. 
It  has  ever  been  true  that  no  community  of  action  can  be  brought 
about  between  two  or  more  men  without  a  community  of  interest. 
In  the  absence  of  an  incentive  truly  mutual,  even  if  not  mutually 
equal,  cooperation  lags  and  active  relationship  between  the  two 
parties  dies  out. 
Commerce,  defined  as  an  exchange  of  values,  does  not  eventuate 
between  two  traders  when  one  of  them  can  find  no  value  for  himself 
1  An  address  delivered  before  the  Pan  American  Commercial  Conference, 
Washington,  D.  C,  June  4,  1919.    Reprinted  from  Commerce  Reports. 
