TUESDAY, OCTOBER 1, 1946
THE TEXAS AGGIE
Page 3
1925
that we know are coming have not
yet sent definite reservations. We
need these in order to estimate
how much barbecue and so forth
to have ready. If your name is
not on the list of reservations
which follows, please invest in a
postal card and send it to the Ex-
Students Association, College Sta-
tion, Texas. Put down the num-
ber that will be in your party.
The women and children are in-
vited. A prize will be given to
the man bringing the most chil-
dren to the reunion and any
grandfathers will be named
“Kings” of the Day.
A final follow-up letter from
the Committee will be mailed
each member of the class around
October 5. Don’t wait for that
but make up your mind now to
come and send in your reserva-
tions. Get here early because we
have all got lots of visiting to
catch up on.
Early reservations with the
number in each family party in-
clude: M. E. Dealy (2); J. A.
Mueller (2); C. D, Speed (2); G.
Dave Williamson (4); Ike Dahl-
berg (5); Lester Young (3); R.
B. Thacker, Jr.; V. R. Kennedy
(3); E. B. Darby‘ (2); Lt. Col.
Thomas R. Black (2); Edwin P.
Ruhmann, Jr. (7); John J. Led-
better (4); Tom S. Curtis; T. R.
Halsey (2);
Homer A. Hunter (2); R. O. Cox;
A. E. Hinman; Claude A. Mast
(4); Guy Powell; William D. Bo-
zek (3); A. D. Howdeshell (4);
Ross L. Grogin (2); Frederick D.
Herrmann (2); A. M. McNeel; A.
D. Schmid (4); K. E, Engel (2);
Spencer J. Buchanan (4); Wm. A.
Wurzbach (2); Marlin D. Lewis
(4); W. B. Orr (3); J. F. Hodge
(3); L. H. Callaway; J. R. Hun-
nicutt (4); Gaston M. Wood (2);
John M. Kindle; J. M. “Happy”
Graham.
Sincerely yours,
Bassett Orr, 1121 Ursuline Ave.,
Bryan
Lester Young, Prod. & Marketing
Adm. USDA, College Station.
Joe Kaufman, Box 1482, College
Station
Ike Dahlberg, A. H. Dept. Col-
lege Station
Spencer Buchanan, C. E. Dept.,
College Station
Dr. Ashley Robey, 421 College
Ave., Salem, Va., regrets that he
cannot attend the October 19 re-
union. He writes, “Will be swamp-
ed teaching Chemistry here at
Roanoke College, Salem, Va. Best
regards to all the gang.”
Elmo M. Schaefer, Schulenburg,
Texas, may contact Jack King, 44,
General Delivery, College Station,
and get his ring back. Elmo’s
ring was found recently and Jack,
knowing Aggies, came to the As-
sociation Office recently in search
of Elme’s address.
C. C. Wilson (4);
1926
Jack Williams
Box 196, San Marcos
Sam B. Ricks is farming at
Somerset, Texas. . . . L. V. Norris,
2402 Glady, Beaumont, is engaged
in consulting engineering, drain-
age, sub-division and surveying
work. He has been in Beaumont
since 1937. . . . Marvin H .Mimms
has been Principal and Coach of
the Banquete High School for the
past three years, and last year his
team won the bi-district cham-
pionship in football and has the
record of winning 20 games out
of 21 for the past two years. He
added “prospects look good for this
year”.
Paul M. Guyer is with the U.
S. Engineers at Sacramento 16,
Calif. His mailing address is 1426
41st St. . . . Edgar F. Stieneker,
3808 Amherst, Dallas, is Area In-
stallation Supervisor for the S. W.
Bell Tel. Co. . .. Donald M. Park
has returned to his home in Dallas
at 210 South Clinton St. . . . Mr.
and Mrs. Phocion S. Park, Jr. and
their children reside at 735 Elm-
wood Drive, San Antonio, . . . Lt.
Col. M. S. McDougal was released
from service in April and made a
trip to the Grand Canyon and
California before returning to
Houston where he is with Wyatt
C. Hedrick Architects and Engi-
neers. His mailing address is 2408
Stanmore Drive of that city.
Lt. Col. W. T. Ellis is doing oc-
cupational duty in Germany. Mrs.
Ellis, the former Miss Emile Coch-
ran of Bryan, and their two daugh-
ters are living at 715 E. 27th St.,
Bryan. . . . Howard S. Price is
living at Seagoville, Texas. . . . J.
B. Batchler is General Supt. of
the Wonderly Construction Co.,
2694 Lime Aenvue, Long Beach 6,
Calif.
Jack Pope Forgason is County
Agent at Beeville, Texas. . . . Mack
W. Higginbotham is with Higgin-
botham-Bailey and Logan Co.,
Dallas. . . . Carl M. Thorn is living
in San Antonio and working for
the S. W. Bell Tel. Co. . . . Harry
B. Gerbens, 3248 12th St. Port
Arthur, at last report was on the
faculty of Lamar College at Beau-
mont. . . . E. W. Boehne, research
engineer for the General Electric
Co., Philadelphia, Pa., received the
1945 best paper prize for District
2 of the AIEE. He went into the
employ of the General Electric
Company soon after graduation.
Home address is 4508 Cedar Lane,
Drexel Hill. Pa.
Lt. Comdr, W. R. Kerr was a
recent campus visitor following
his release from service in the
Navy. He was stationed for 2%
years at the Naval Academy in
Annapolis. An accountant before
the war, he has not yet decided if
he will return to that field. His
permanent address is 808 Lake
Park, Baton Rouge, La.
Mr. Collins has been secretary of the Corpus Christi A.
& M. Club since ’41 and with the Cooperation of the Ex-Stu-
dents Office will try to keep a record of all Aggies in this
part of Texas including the Rio Grande Valley.
When in Corpus Christi Drop in at His Office,
Mezzanine Floor, White Plaza Hotel, Ph. 3-2645
Residence 1114 Tyler — Phone 4883
THE
SOUTHWEST RESERVE
LIFE INSURANCE CO.
of Longview, Texas
ANNOUNCES
The Appointment of
J. FRANK COLLINS, ’12
As General Agent
in the Corpus Christi
Territory
Concrete Blocks
CHASE and McGINNIS, Inc.
WACO — AMARILLO — ABILENE
BAYOU CONCRETE PRODUCTS CO.
HOUSTON
Concrete Sewer and Culvert Pipe
Water Troughs and Other Concrete Specialties
Septic Tanks
pendent Oil
Write today.
ANTED
A. & M. Graduates to Grow Up
With the Oil Well Supply Business
There is a real future for unmarried
Petroleum and Mechanical Engineer
Graduates to Develop into Sales En-
gineers, with the worlds largest Inde-
Well Supply
VIC LeMAY, Class ’25
414 Mid-Continent Building
FORT WORTH 2, TEXAS
Company.
1927
Allen R. Menger
111 W. Travis, San Antonio 5
W. D. Cowan was retired from
military service and for the past
eleven months has been at his
have at 1030 Bishop, Dallas 8. He
recently went back to work at his
old job with the Paramount Pic-
tures in Dallas.
J. B. “Pete” Cashell, Box 2146,
Longview, has a freshman son at
A. & M. this year. Pete is in the
oil production and refining busi-
ness with R. Lacy. He is the im-
mediate past president of the
Deep East Texas A. & M. Club
of Longview.
Major Lundy L. Zeigler has
been presented the Bronze Star
Medal for his service as adminis-
trative officer of a prison camp
from December 1942 to August
1945. Major Zeigler was captured
at Java, being a member of the
Lost Battalion, and liberated on
August 13, 1945. His home ad-
dress is 1675 Keeler St., Wichita
Falls, Texas.
1928
J. F. Blount
3424 Caruth, Dallas 5
James E. Booth has left Boulder
City, Nev. and left no forwarding
address. Anyone knowing his
whereabouts, please advise the
Asgociation Office, College Sta-
tion . . . K. E. Oberholtzer is Supt.
of Schools, at Long Beach, Calif.
and gets mail at 3955 Myrtle St.
Dick Bernhard, 1518 Milam St,
Houston is Branch Manager of the
Pacific Finance Corp.
Roddy Peeples, son of Mr. and
Mrs. Rufus Peeples, Tehuacana
showed the reserve champion calf
at the recent Corsicana 4-H and
FFA club show. The 880 pound
Angus was sold for the show’s
top price, bringing $352 to its
young feeder.
1929
A. C. Bray, Box 262, Dallas 1
Roy F. Ewing is with the Hum-
Proud Papas: Henderson Shuffler
September 14, 1946
Dear Austin:
After reading the last issue of
the Texas Aggie I was pleased
to see so much “news” of the
“twenty-niners”. More than I’ve
seen in many a moon, and the
thought occurred to me that if we
all just took a spare minute and
dropped you a line we could much
better keep up with current ac-
tivities. So anyway, since I have
recently made a change in my pro-
fessional status I thought I would
just give you the lowdown on my-
self.
Prior to August 1st, 1946, I spent
10 years as Sales Engineer for The
Texas Construction Material Co.,
Houston, and on the above-men-
tioned date I started operating un-
der by own name as a Consulting
Concrete Engineer at the address
below. Along with my concrete en-
gineering service I am introducing
and promoting the sale of a new
slip form for concrete building con-
struction the easy way, the con-
crete forms being known as the
Holl-0-Way forms, which produce
air-insulated concrete hollow walls.
This particular feature of my bus-
iness will take me over all of this
great state of ours, so don’t be
surprised to see me most anywhere
at any time.
Will try to see you on my next
trip to Dallas, which I hope will
be seon.
Sincerely,
Ed C. Jancik, ’29
Concrete Eng. Service
3313 Main St.
Houston 4, Texas
George Wilmoth is District Rep-
resentative for the Humble Oil
and Refining Co., Service Station
Department, with headquarters at
Longview. He has been in that
location for several years.
Under the leadership and direc-
tion of Lt. Col. E. Vergne Adams,
the Aggie band is back up to its
pre-war strength of 225 cadets.
Backbone of the Aggie band will
be 25 veterans, former Aggie band
members, and the one hundred ca-
dets remaining from last year’s
band. Col. Adams has organized
the band into two units for mili-
tary training purposes, the Infan-
try Band of 110 pieces and the
Artillery Band, of equal size, He
will be assisted by five cadet offi-
cers.
L. J. Starr has changed his ad-
dress to Itasca, Texas . .. Walter
Schutze, 901 Blanco St., Austin,
Texas, is Assistant Manager, Re-
tail Credit Company, in San An-
tonio, but continues to get mail
at the Austin address. . . . Lt.
Thomas K. Lagow is out of the
army after three years at the La-
redo Army Air Field as Post En-
gineer and back at work with Cen-
tral Texas Iron Works, Waco, as
Chief Draftsman.
Flanoy C. Taylor is an electri-
cal engineer at Denison, Tex. . . .
Herschel H, Weatherby has moved
to Carlsbad, New Mexico, 511 N.
Guadalpue. . . . Dr. Frank OC.
Steinman is practicing at Minne-
apolis, Minn, 9. His mailing ad-
dress is 4620 Grand Avenue, South
Avenue.
R. Henderson Shuffler, Director
of the Texas A. & M. Develop-
ment Fund is mighty proud of the
first daughter born in five gener-
ations of Shufflers. The young
lady’s name is Ragna Shuffler,
born Sept. 14, at the Bryan Hos-
pital, in Bryan, Texas. Ragna
has a brother, age 10 years, named
Ralph.
1930
J. A. “Hop” Reynolds
Dreyfus & Son, Dallas
Richard “Dick” Conner is look-
ing after the Conner farming in-
terests at Rosebud, Texas.
Dr. L. W. Johnston is associated
with the Holton-Johnston Hospital
at Terrell, Tex. . . . Ildefonso de
la Fuente is working for the Am-
erican Smelting and Refining Co.
at their Selby Plant as a chem-
ist. His mailing address is 833
Loring Ave., Crockett, Calif.
Capt. Gilbert M. Vick has gone
overseas and gets mail at APO
957, C/O P.M. San Francisco, Cal-
if. Mrs. Viek is residing at 216
Hawthorn Ave., Houston 6. . . .
Alton W. Bryant is living at 5907
Martel Ave., Dallas.
G. R. Schumann has moved to
Bellville where he will become
manager of the San Bernard Elec-
tric Co-eperative and will also ep-
erate his farming and livestock
interest there. He had been ser-
ving as county agent at Olney,
Texas. His successor was R.
Dunkle, ’19.
1931
C. R. Coneway
Humble Bldg.
Houston
Proud Papas: Capt. Byron A.
Black.
Thomas F. Abbott, Jr. is Pres-
ident of Frontier Pontiac, Inc,
313 Commerce St., Fort Worth.
Anyone knowing the address of
Theodore J. Bianchi, please send
it to the Association of Former
Students, College Station.
Marion H. Badger, who has
been Concho County Agricultural
Agent, has been employed by Tom
Green County in the same capa-
city. He succeeds H. C. Atchi-
son, ’23.
Commander H. L. Hendrick is
stationed in China and gets mail
at Staff Comdr. F. Fleet, FPO,
San Francisco, Calif. . . . Thomas
J. Moon is Area Supervisor of the
Emergency Farm Labor at Find-
ley, Ohio. . . After living in
Maryland and Pennsylvania for
the past ten years, Dr. Clyde P.
Myers is back in “good old Texas.”
He is practicing at Cotulla, Texas.
Dr. W. C. Butler, who was Mgr.
of Animal Plant Health Depart-
ment, McKesson and Robbins, Co.,
Exchange Bldg., Fort Worth, mov-
ed without sending in an address.
Anyone knowing his whereabouts,
please send to the Associatien Of-
fice, College Station. . . . Marion
H. Badger has moved to San An-
gelo where he will be county
agent.
Robert “Bob” Conner, son of
Mr. and Mrs. A. B. Conner, 04,
of Marlin, is farming and ranch-
ing at Spur, Texas. Bob was elec-
ted county attorney of Dickens
County recently.
1932
Luther E. Bell
2424 Hillside Drive, Dallas 14
Percy J. Mims, veterans Adm.
Dallas, is getting mail at 3025
Meadowbrook Drive, Fort Worth
3, Texas. Mrs. Mims will make
her home in Bryan until suitable
housing facilities can be found in
Dallas.
Christian W. Bruns is in the
geophysical laboratory of the Car-
ter Oil Co., at Tulsa, Okla. . . .
John M. Landrum gets mail at
2713 Pine St., Waco. . . . Jude J.
Adams has purchased a home in
San Rafael, Calif. He is working
as sanitary engineer for the Haq.
6th Army, Upper Fremont Road,
Calif,
W. F. Frey has accepted a posi-
tion as airport engineer with the
Civil Aeronautics Adm. and loca-
ted in a district office at Big
Spring, Texas. . . . W. C. O’Down
is in the Soil Conservation work
at Cleburne, Texas. . . . Major G.
L. Christian, is back in civilian
life and living at 1834 Hickory
St., Abilene.
Morris Benz is in the landscape
architectural and florist business,
2701 Fannin, Houston 4. . . . D. V.
Fitz is chemical engineer for the
Sinclair Rubber Inec., and lives at
3511 Oakdale, Houston. . . . Fol-
lowing extensive militarv service,
Major John A. Pranglin is a civil-
ian again and working for the Hal-
liburton Oil Well Cementing Co.
He resides at 10115
Houston 6.
1933
Tom C. Morris
1408 W Main St., Waxahachie
Stephen .J “Bow” Flood is in
civilian life again and back at
work for the Humble Oil and Re-
fining Company, in the Produe-
tion Research Division. His mail-
ing address is 710 Ridge Street,
Houston, Texas.
A. C. Wamble has been named
acting vice director of the Texas
A. & M. College Engineering Ex-
periment Station until such a time
as the position can be permanently
filled. He will continue his duties
as manager of the Cottonseed
Products Research Laboratories.
Earl S. Horn returned from the
Pacific in April and is now co-
owner of the Horn and Kelley
Grocery Store. His mailing ad-
dress is 3837 Collinwood, Fort
Worth.
W. Howell White is engineering
field supervisor for the Interna-
tional Business Machines, 5506
Ridgedale Avenue, Dallas.
Oscar H. Hays is agronomist in
the Grounds Maintenance War
Dep., Hdq. 4h Army, Fort Sam
Houston. . Frank is chemist
for the Shell Oil Co., in Houston.
His mailing address is 1403 Scott
St. :
Theodore T. Carter has resign-
ed from his position with the San
Antonio Health Dept. and moved
to Anniston, Ala. His mailing ad-
dress is 1830 Quintard Avenue.
There is a correction in the ti-
tle of Rupert W. Green’s position
with the Sinclair Refinery, at
Houston. He is Ass’t. Foreman
of the Light Oil Treating Plant
and Cargo and Terminal Depart-
ments, in charge of the Docks and
Pump Houses. His departments
do all the blending and prepara-
tion of any oil (except lubricating
oils) that is shipped by boat,
barge, pipe line, tank car or tank
truck. He sends regards to his
friends and may be addressed at
138 Cayton St. Houston 12.
Wm. E. Holke has offices at
317 Citizens State Bank Houston
1, Texas. A Civil Engineering ma-
jor, Bill was a member of the A.
S. C. E. while in school, and also
a member of the R.V.s and ser-
ved as Sec.-Treas. of the Houston
Club in his senior year.
Spencer Apple is with the Rio
Stratford,
Farms Inc., Edcouch, Texas. At
one time Spencer taught in the
Horticulture Dept. at the College.
. . . Horatio Durst III is with the
Humble Oil and Refining Co., Box
2180 Houston. He was formerly
located in New Orleans, La.
1934
Lt. Col. T. N. Gearreald
Fairfax, Va.
Elmer E. Huffhines, a chemist
with the Gulf Refining Co., lives
O.| at 5201 Lakeshore Drive, Port Ar-
thur. . . . John D. Cunningham is
district FSA Sup. with 19 coun-
ties to take care of. His mailing
address is Haskell, Texas. . .
John J. Bender is teaching in the
Houston Public Schools and liv-
ing at 1936 Portsmouth, Houston,
Tex. . .. B. M. Irwin lives at 1002
W. 26th St., Byan, Texas.
John F. Smith is owner of For-
rest’s Serv. Station, 915 Guada-
lupe, Austin.
John Jacob Taylor is petroleum
engineer for the Stanolind Oil and
Gas Co., Fort Worth. His mail-
ing address is 6421 Kenwick Ave-
| 1935
Frederick W. H. Wehner
Box 871, Big Spring
Proud Papas: Sam N, Davidson
F. H. “Dusty” Helm, Jr. was
released from the Army last
March as a Lt. Col. and on April
1, purchased the business known
as H. O. Adler “The Store of A
Million Articles” at Boerne, Tex-
as. The firm handles groceries,
meats, hardware and dry goods.
Edward M. Neal has moved to
Beeville, Texas,
Wm. P. Alexander, Jr. has mov-
ed from Hillsboro, to Dallas. He
gets mail at Box 1683. . . . ditto
for James W. Wilson from Dallas
to 135 Ligustrum Drive, San An-
tonio. . . . Dr. Henry Fisherman,
veterinarian, is located at 1711
Telephone Rd., Houston .. . J. M.
Davis, 2903 Dunmore Road, Dun-
dalk, Md. is with the Western
Electric Company.
1936
Dudley J. Lewis
C. E. Dept. Humble Oil & Ref. Co.
Alfred H. “Fred” Walker, ’36,
Menard County Agricultural
Agent, the first recipient of the
Texas Extension Service-Sears-
Roebuck Foundation Fellowship
Fund, has selected range manage-
ment as the subject for his grad-
uate work. He has been granted a
vear’s leave of absence to take ad-
vantage of the fellowship and will
attend either Utah State Agricul-
tural College, the University of
California, Nebraska University,
or Texas A. & M., the four colleges
which offer the outstanding
courses in this subject.
Born in San Antonio and reared
on a ranch near Comstock, Fred
was graduated in Animal Hus-
bandry with distinguished student
rating. After a year with the
USDA Bureau of Entomology and
Plant Quarantine, he served three
Alfred H. Walker, ’36
years as County Agricultural
Agent for Culberson County and
two years at Menard County. He
entered the armed forces in 1942
as an Air Force Captain and was
shot down while on a raid over
Germany. After his liberation as
a prisoner of war he was released
from the service and returned to
Menard in November 1945. He
is married and has one child.
Recently heard from: Guilford
B. Grant with the U, S. Coast
and Geo. Surv. Div. of Photogram-
metry, Washington, D. C. Albert
C. Hall, 17 Edison Ave., Medford
55, Mass. . ., . William B. Pace
has accepted a civil service posi-
tion as Agricultural Marketing
Specialist and left for his duties
in South America in mid Septem-
ber. His mailing address is C/O
American Embassy, Asuncion,
Paraguay, S. A.
Tom B. Randolph is Quarantine
Insp. for the USDA Bur. of Ento.
and Plt. Quarn, He and Mrs.
Randolph live at 1202 Corpus
Christi St., Laredo, Texas.
Woodrow W. Bailey has accept-
ed a position with the Houston
Packing Co., and will reside at
4148 Riley St. of that city.
1937
W. A. “Doc” Ruhmann
Extension Service, Campus
Silver Taps: Frank Bewley
Robert L. Pou, Jr., is working
for the Veterans Adm since his
release from service and lives at
7903 Wanebe, Dallas. Among those
working with hi mare Charles B.
Crook, ’37, Kenneth Liles, ’39,
Fred Carpenter, ’28, and Wallace
Langston, ’385.
X. B. Cox has been made a
member of the Order of Orange-
Nassau, degree of office by the
authority of Queen Wilhelmina of
The Netherlands. This award was
presented Col. Cox for his per-
formance with the 82nd airborne
division. Upon Col. Cox’s returr
to civilian life, he attended the
| short
course for county agent
given at the College by the Ex-
tension Service and for the past
several months has been serving
as County Agricultural Agent for
Snyder, Texas. He is a native of
San Angelo and during his colle-
giate days served as Capt. of B
Inf, participated in basketball in
’34 and ’36, and was intramural
manager in ’36, ’37.
Joseph D, Metcalfe, who has
been associated with the Bucyrus-
Erie Co., at Shreveport, La. has
moved to Dallas and is living at
3602 Almazan Drive. While at
A. & M. Joe served on the YMCA,
member of the R.V.’s, Director of
Entertainment Series in 1936 and
was in the Who’s Who in Amer-
ican Colleges and Universities.
Lt. Comdr. Chas W. Atkinson
was separated from the Navy in
June at Norfolk, Va., after serv-
ing for 5 years and 4 months. He
is married and he and Mrs. At-
kinson are living at College Sta-
tion while Chas. continues his ed-
ucation. . . . Major Oris E, Mec-
Gregor, Jr. has been transferred
to the Intelligence Div. of the
War Dept. General Staff and is
living at 3314 Porter St. Wash-
ington, 8, D. C. While at Ran-
dolph Field, his last station, he
was Assistant to the Base S-4, He
has just recently been commission-
ed into the regular service and
will hold a 1st Lt.s rank in the
Air Corps.
Fred A. Collier is Industrial Re-
lations Supervisor for the Creole
Petroleum Corp, Caripito, Vene-
zuela. He assumed his new duties
in September. . . . Harry G. Brown,
Jr. has moved to 5718 Richmond,
Dallas 6, Texas,
1938 “
John Bone :
1620 Main St., (I. B. M.)
Houston, Texas
Proud Papas: Major Doyle M.
Ransom; Wm. E. Stiles.
Lt. Col. Will Hubbard is sta-
tioned at Hensley Field, Dallas,
as advisor to the National Guard.
He was Major, CAC, member of
the swimming team and of the
R. V.’s during his college days.
Hal M. Moseley. after extensive
military service. has returned to
civilian life and is employed by
the Architectural Department of
the College as Instructor.
Wm. E. Stiles, Division Mana-
ger for the Core Laboratories, Inc.,
lives at 9254 Peninsula Drive,
Dallas. He recently advised the
Asseciation Office that William E.
Stiles, Jr. had joined the family
circle. He and Mrs. Stiles have
(See 1938, Page 4)
FLOOR TRUCKS SKIDS
JACK LIFTS
For Materials Handling
Equipment
H. 0. JOHNSON & CO.
3918 McKinney - Houston, Tex.
HUB JOHNSON, ’41
Stackers - Tar Kettles -
Casters
SERVING THREE GREAT GROUPS
OF PEOPLE
From statement by Walter S. Gifford, President, American Telephone
and Telegraph Company, at 1946 Annual Meeting of stockholders
“It is not without significance that our Annual Report
opens with the statement that “The Board of Directors of
the American Telephone and Telegraph Company pre-
sents herewith the management’s accounting of its stew-
ardship for the information of stockholders, employees,
telephone users and the entire American people who have
entrusted to private enterprise the responsibility for carry-
ing on this essential national service.’
“There is every reason for the management of your com-
pany to treat equitably each of the three parties concerned,
namely, the telephone users, the employees and the stock-
holders. For in the long run, the interests of these three
great groups of people, individually and collectively, are
mutual and interdependent.
“More and better service at the least cost is as much in the
interests of stockholders and employees as it is of the
telephone users.
“Well-paid employees with steady employment; with
opportunities open to all for advancement; and with
reasonable protection against contingencies of illness, acci-
dent, death and old age are as much to the benefit of tele-
phone users and stockholders as to employees.
“A stable and fair return on the money invested in the
business — sufficient to attract the new money needed to
develop and expand facilities — is as good for the tele-
phone users and employees as it is for the stockholders.”
BELL TELEPHONE
SYSTEM