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Carnation's expansion has paid off handsomely: except in 1933, sales have increased in every year since Stuart took over in 1932 from his father. Occasionally, however, Stuart is accused of being too venturesome: "People ask us sometimes why we continue to invest in plants in Europe when the possibility of war seems so great." Stuart's answer: "As long as we have money to invest, we're better off spending it on brick and concrete and equipment . . . than we would be letting it draw interest in the bank." And as long as Carnation continues to be discontented, he expects sales to keep on rising.
-After National Dairy Products Corp. and Borden Co.