Some have an idea that the reason we in this country discard things so readily is because we have so much. The facts are exactly opposite-the reason we have so much is simply because we discard things so readily. We replace the old in return for something that will serve us better.

The final act of business judgment is intuitive.

Advanced engineering always, like advanced everything else, brings down upon it the discredit of ridicule of minds who cannot see so far.

In any organization men would move up form the bottom to the top. That develops loyalty, ambition and talent, because there is a chance for promotion.

Competition is the final price determinant and competitive prices may result in profits which force you to accept a rate of return less than you hoped for, or for that matter to accept temporary losses

Never make a personnel judgment the first time it comes up.

If we are all in agreement on the decision - then I propose we postpone further discussion of this matter until our next meeting to give ourselves time to develop disagreement and perhaps gain some understanding of what the decision is all about.