It is impossible to get the measure of what an individual can accomplish unless the responsibility is given him.

[Could] motor cars could be produced [in a country like Germany] and sold in competition in the American market . . . .In my opinion it is impossible to reach the conclusion that competition from without can ever be any factor whatsoever?

Only in more production and in new production can the American standard of living be increased and the economy be sound.

The late Alfred P. Sloan, Ir., long-time executive of General Motors Corporation, had a fivepoint "secret of success." It was: 1. Get the facts. 2. Recognize the equities of all concerned. 3. Realize the necessity of doing a better job every day. 4. Keep an open mind. 5. Work hard.

It is impossible to get the measure of what an individual can accomplish unless the responsibility is given him.

There is no resting place for an enterprise in a competitive economy.

Take my assets - but leave me my organization and in five years I'll have it all back.