One afternoon last week in the assembly room on the 23rd floor of the Manhattan headquarters of Western Union Telegraph Co., suave old Board Chairman Newcomb Carlton fingered a gavel, peered out anxiously at 200 faces, more of Western Union's 30,772 stockholders than he had ever seen at one time. Western Union's President Roy Barton White, stocky old-time railroad telegrapher, was reading a prepared statement explaining why Western Union had lost $1,637,000 in 1938. When perspiring President White lamely concluded that the report was the company's and not to be considered as "my report," an angry voice broke...
COMMUNICATIONS: Disease of the Times
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