I have been informed that there is no rule of the Association which fixes the subject of this address. I hope I may be pardoned when I depart from the custom which my predecessors have usually followed when they confined the subject of the address to the progress of medicine during the year just past.
We live in a period of the greatest activity of the history of the world. Modern inventions annihilate time and distance. Electricity and steam approximate the most distant parts of the civilized globe. Vast amounts of capital are invested in electrical, steam and other related interests.
Large commercial enterprises are carried on or launched into new fields, which require money, the employment of the brightest intellects and skilled and common labor.
Competition is great in all the affairs of men. The struggle for supremacy between nations and between men was never so fiercely contended as
BILLINGS F. THE RELATION OF MEDICAL SCIENCE TO COMMERCE. ORATION IN MEDICINE, DELIVERED AT THE FIFTY-THIRD ANNUAL MEETING OF THE AMERICAN MEDICAL ASSOCATION, HELD AT SARATOGA SPRINGS, N. Y., JUNE 10-13, 1902. JAMA. 1902;XXXVIII(24):1555–1560. doi:10.1001/jama.1902.62480240005002
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