Corporations: Profits in Paper Pushing

Few statements have more power to depress the average U.S. businessman, beset as he is by a daily avalanche of forms, reports and correspondence, than the late "Engine Charlie" Wilson's axiom that "nothing takes place in the world of government or business that is not motivated by a piece of paper." Every repetition of this dictum, however, brings a beatific smile to the face of bulky, deliberate Milferd Aaron Spayd, 61, of Dayton, Ohio. Thanks to U.S. industry's ever deeper entrapment in paperwork, Spayd's Standard Register Co. has surged from onetime...

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