ABSTRACT
Many people think success in life—the greatest success in life—is a question of intake and no output. There are not men who would like to draw them, plenty of such men. But drawing a big salary means earning more than one draw. That is the output. The intake is the salary, but the output must be greater. It is the same all over the world. Never mind about capital—one will never be short of that if they are worth a big salary. It is the difference between output and intake which has made the good old town of Bolton prosperous beyond the wildest dreams of our ancestors of a century ago, and it is as applicable to every boy and girl here as ever it was in Bolton. It applies to every one of us.
