Mellen_Charles Quotes (1 quote)
For a while he [Charles S. Mellen] trampled with impunity on laws human and divine but, as he was obsessed with the delusion that two and two makes five, he fell, at last a victim to the relentless rules of humble Arithmetic.
Remember, O stranger: Arithmetic is the first of the sciences and the mother of safety.
In a private letter (29 Sep 1911) to Norman Hapgood, editor of Harpers Weekly, referenced in Hapgoods editorial, 'Arithmetic', which was quoted in Hapgoods Preface to Louis Brandeis, Other Peoples Money and How The Bankers Use It (1914), xli. Brandeis was describing Mellen, president of the New Haven Railroad, whom he correctly predicted would resign in the face of reduced dividends caused by his bad financial management. The embedded quote, Arithmetic
, is footnoted in Louis D. Brandeis, Letters of Louis D. Brandeis: Volume II, 1907-1912: People's Attorney (1971), 501, citing its source as from a novel by Victor Cherbuliez, Samuel Brohl and Partner (probably 1881 edition), which LDB had transcribed into his literary notebook at an early age.