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

A car for every purse and purpose.

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

I see no reason why 1931 should not be an extremely good year.

I have never issued an order since I have been the operating head of the corporation.

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.

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.