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Another potent force binding alumni to the
Institute were two important publications: The Pace Student
and the American Accountant. Right through
the mid-1920s The Pace Student featured serious
articles of interest to graduates as well as to those preparing for business
careers. Included in this category were "The Proprietorship Type of Mind,"
"The Theatre - Organization and Accounting," "Accounting Procedures in
Modern Hotels," and "Accounting Procedures for Contractors." Most
issues of the magazine also contained pieces aimed at the self-improvement of the
reader. Examples of such articles were "Are You Selfish in Conversation?",
"Success through Service," "Make the Resolutions," "If You Don't
Like It, Do It!", and "Master Your Moods."
Despite the popularity of such articles and the magazine
which published them, The Pace Student was
discontinued in 1926 in order to permit Homer S. Pace to devote his attention to a new
magazine, the American Accountant, which was
directed towards the entire accounting profession. To be sure, many Pace graduates
and students subscribed, but the appeal of the magazine, which made its debut in 1927, was
considerably broader. Articles of interest to practicing accountants dominated the
publication. Typical pieces had such titles as "Business Formerly an Art, Now a
Real Profession," "Canadian Banker Gives Views on Training for Business
Career," and "When Is a Bank Insolvent?"
Homer Pace philosophized less in the publication, but each
issue did contain an editor's page which showcased his wisdom, common sense and wit.
The page contained a little bit of everything: jokes, comments about articles
appearing in the issue, and, now and again, a bit of Homer's solid Midwestern
philosophy." "Perhaps some of us take our work too seriously," Homer
told readers of the September 1927 issue, adding, "It is well to think now and again,
for the sake of the relief, that it won't matter a hundred years from now. And the
hard-driven accountant or business man may profitably bring a little more good
nature into his daily tasks. Friendly, helpful words, given or received, ease off
the tension, while anger and caustic comments do the contrary. The majority of the
big men in the business know how to relax - they do not take themselves too
seriously."
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