Excerpt from Business Law, Vol. 1: A Working Manual of Every-Day Law
Law and order are the necessary foundations for civilized life. A pastoral people with few possessions needs few and simple laws. A populous, modern state with complex social, industrial, and commercial relations requires intricate and far-reaching regulations. In this country the latter condition prevails, and our present legal system has not kept pace with our perhaps too rapid progress in other ways.
Our system of laws is an inheritance from our Anglo-Saxon ancestors, supplemented by written constitutions and multitudinous legislative enactments. Much of our law is judge-made. Like our forebears, we revere precedents and decisions and have more of this kind of law than we know how to use. We have our federal courts and forty-eight separate state systems, all grinding out innumerable volumes of reports. In consequence, this source of law has become cumbersome and somewhat unmanageable. Beyond this we are subject to the Constitution of the United States with its eighteen amendments, as well as the constitutions of our individual states; to the enactments of Congress and to those of our state legislatures; to the ordinances of boards of aldermen; to the regulations of boards of health and education; and to the orders of many other boards, bureaus, commissions, and officials. With the multiplicity of regulation that all this entails, it requires no small amount of care and study to avoid unwitting entanglement in the far-extended meshes of the law.
Yet from this unwieldy mass of law may be elicited certain guiding principles that everyone should know - general rules that will guide us safely past most of the difficult places.
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