Business & Finance: New, New, New, New, New

Last week with two years of recovery behind them, 500 crack U. S. sales executives assembled in Manhattan for a two-day display of enthusiasm. Secretary of Commerce Roper soothed them. Major Lawrence Lee Bazley Angas, British propheteer, titillated them. President Thomas J. Watson of International Business Machines belabored them. President Allen Zoll of the International Association of Sales Executives told them: "I am . . . persuaded you will have a Democratic Administration for the next five years— whether you like it or not."

But the speech that brought the sales executives to their feet was made by Clarence Francis, executive vice...

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