The Duty of Management; B. Moreell

When "government ownership of industry" ideas are on the rampage, as they are now, and when the only antidote to these are "private ownership ideas," it is the duty of management to aid educational efforts which promote private ownership tideas, to withhold aid from those which support government ownership ideas. Admiral Moreell is Chairman of the Board of Jones & Laughlin Steel Corporation. The above statement is from an address, ~~The Role of American Business in Social Progress," before the Indiana State Chamber of Commerce at Indianapolis, December 9, 1955. [ 171 ] LOOKING OUT FOR YOURSELF FmsT, may I offer you hearty and well deserved con gratulations on completing the formal, institutional phase of your education. And I especially offer you best wishes for the next and most important phase of your education -that which is to come under your own management. For assuredly, graduates of this splendid Institute will avoid an all too common error-the notion that the begin ning of earning is the end of learning!