Management: Soup & Chips

Lyndon Johnson once called it "the greatest group of businessmen in the world," and the Business Council is certainly the nation's leading society of business elite. Its 179 members—most of them chairmen or presidents of great corporations—can usually get the presidential ear; President Johnson last week spoke with them twice. But the private group is far less important for the occasional advice it offers the Government than for the effect its public consensus has on the nation's business psychology. Last week the council elected a new chairman, whose name, face and words...

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