Business Role in Second Place
For Former Officer of Army
(Editor's not: This is the last of
six dlspatrhes telling the stories of
some of the U.S. military leaders
who have become "Tycoons Out of
V'niform.')
By JAMES L. KILGALLEN
UPI Correspondent
New York-OTD-The present
civilian post of Lt. Gen. Les
lie R. Groves, USA (retired),
as a vice president of Rem
ington Rand is decidedly "in
teresting" but does take sec
ond place to his wartime role
in the development of the
atom bomb.
"It would be impossible for
any job to be as interesting
as mine was in the atomic
bomb development," said
Gen. Groves, who headed the
Manhattan Atom Bomb Pro
ject during World War II.
"Success meant so much to
the entire country and to the
rest of the world that no
other job could ever possibly
be of such importance, as in
teresting, or as wearing men
tally and physically, and in
saying this I do not mean
Big Pines
LUMBER CO.
6th at Fir Ph. SP 2-6231
that my present work is not
interesting for it is."
Two Paris
I asked Gen. Groves what
are the "challenging" aspects
of his present civilian duties.
He divided his answer into
two parts.
"During my first five years
with Remington Rand I was
in charge of our development
work," he said. "During the
second five years I have been
concerned with general rath
er than specific responsibili
ties. "The highlight of the first
five years was the develop
ment by Remington Rand of
the U n i v a c. This, as you
know, was the first giant
electronic brain and the foun
dation upon which we and
our competitors in the field
both here and abroad have
built other such machines.
"This development was
most interesting because it
was important not only from
the standpoint of our comp
any, but also from the stand
point of the advancement of
the standard of living of our
peoples. Like the atomic
bomb it was not a project
which was certain of success,
but the chances of failure
were much less as were the
consequences of possible fail
ure. Should Be Good
"In the second period of
my work with Remington
Rand the challenging aspects
have been how I can assist
the company to improve the
welfare of our employees, our
stockholders, our customers,
and our country.
"This should be the goal of
every business executive. If
we do this, improvement of
conditions in the rest of the
world will naturally follow."
Groves said industry has
learned that the successful
military officer has had many
years of experience both in
leadership and in the devel
opment of leadership among
his subordinates.
I think that industry has
also found that the military
officer is versatile and, con
trary to public opinion, quite
flexible in his approach to
new situations.
"Above all else the former
military leaders as a group
have proved to be valuable to
their employers." -
'Gen. Groves headed the
Manhattan Project from 1942
until Jan. 1, 1957. He was in
complete and responsible
charge of all phases of the
project, including scientific,
technical and process devel
opment, construction, produc
tion, security, military intel
ligence of enemy activities, as
well as the planning for the
use of the bomb.
Pay Belter
Groves recognized that "in
dustry pays better than the
military. The salary' differ
ences, he said are great, and
this is "particularly true for
the successful officer of more
than 10 years of service."
This situation, h e asserted
should be corrected.
"Military salaries should be
high enough," he said, "so
that a competent officer anx
ious to remain on active duty
will not condemn his wife and
children to a life of poverty."
Gen. Groves said he does
not miss military life, for in
retiring he "turned over a
new leaf." Nevertheless, he
added, when he is thrown to
gether with military people,
as when visiting Washington,
"it all comes back very
promptly."
Great Book Group
Planned for Area;
Seminar Possible
The Great Books Founda
tion is interested in forming
a discussion group in Medford
and possibly a seminar next
summer in Ashland, accord
ing to W. E. (Gene) Thomas,
41 Ashland ave., Medford.
Larry W. Ross, western
regional director of the foun
dation, is expected to visit
here Friday.
The foundation, Thomas
said, "advances the theory
that the person with a
thorough classical education
knows how to live a better
life, to vote more inteligently
and to better solve both bus
ines and personal problems.
The discussion groups,
meeting every two weeks
with a leader who seeks to
encourage discusison of issues
brought to light in the assign
ed reading, cover in four or
more years the outstanding
authors of history.
Their writings are compil
ed into booklets sold at a low
price to participants in the
course. "It's ray recollection,"
Thomas said, "that in the past
the reading material could be
acquired free of charge by
those who were unable to
pay.
No Education Requirements
"There is no minimum edu
cational requirements to be
long to a Great Books group;
however, if a person wasn't
interested or couldn't under
stand literature they obvious
ly wouldn't want to be there.
"In the past most of the
money to forward this group's
objectives has been supplied
by the Ford Foundation."
The project was born at the
University of Chicago under
former Chancellor , Robert
Bountiful Supply
Of Mortgage Money
In Coming Months
Washington-DPD-From two
government sources come
good tidings for home buyers!
A bountiful supply of mort
gage money is" expected in the
coming months, probably
well into next year.
Home loan seekers, in short,
are not likely to have much
difficulty getting financing -although
they won't find bor
rowing as easy as it was a
few months ago when govern
ment anti-recession programs
were exerting maximum in
fluence. This -is the picture as seen
by the Commerce and Labor
departments' joint construc
tion outlook for 1959 and by
Commissioner Norman P.
Mason of the Federal Hous
ing Administration (FHA).
To be sure, there is no
denying that money in tighter
and more expensive than it
was. But there is expert opin
ion that conditions will not
stiffen much more.
Maynard Hutchins and Prof.
Mortimer J. Adler.
The summer seminar at
Ashland, according to
Thomas, would be compar
able to the one at Aspen,
Colorado. Prominent men of
letters would be invited to
speak. Leaders and potential
leaders of discussion groups
would be given instruction.
"If this comes off," Thomas
said, "it would be something
of interest as well as publicity
value to the community."
inomas has invited any
one interested in further de
tails of the program to get in
touch with him or with Dr.
Thomas Rutter, M.D., 1003
Queen Anne ave.
The Commerce-Labor fore
cast, for example, predicting
record construction outlays in
1959, estimated housing starts
would climb to 1,2000,000
non-farm dwelling units, com
pared to 1,1700,000 expected
for all of 1958.
Mason told newsmen that
in this view credit would be
ample-ample enough to keep
housing activity going at the
1958 rate.
The FHA chief said that as
he saw it, credit had tighten
ed in response to uncertainty
about the prospects of infla
tion. He said that lenders be
gan to hold back because they
thought prices and interest
rates might go up. Why lend
today at 5Vi per cent if by
waiting you can lend at 6 per
cent.
In his judgment, Mason
continued, the financial mar
kets have excessively dis
counted inflation prospects.
In this respect his thinking
matches that of other govern
ment officials who have been
asserting that inflation fears
have no solid basis. When this
is realized, he said, there will
be some credit easing.
SPENDING MONEY
Washington (LTD A joint
congressional committee re
ported . Sunday that the fed
eral government would have
$147 billion available for
spending during the fiscal
year ending June 30.
The sun shines 61 per cent
of the daylight hours in the
Lower Rio Grande Valley in
Texas.
MAIL TRIBUNE, Medford, Oregon, Monday, November 24, 1958 3
FEW REFUGEES RETURN
Washington - (LTD - The
Senate internal security sub
committee has reported that
only 5 per cent of the refu
gees who fled the Hungarian
revolution have returned
home despite "persistent and
at times even physically ag
gressive" Communist propaganda.
Emerald is the stone for
the 40th wedding anniversary.
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