Clipping

[Dennis F. Cramer]

    Would not it be wonderful if all corporations took such "scrupulous
regard for the rights and interests of the investors should as the first
consideration.  Economical construction, careful and economical management,
the issues of as much stock or as many bonds as are required to build the
road, and not one dollar more, these are the main elements of safety and
success."

    The parallel between the turn of the twentieth century and the turn of
this century is remarkable.  Today we are trying to convince people the
business world must revolve around Internet corporations (how many of them
have already gone belly up?) and that we must invest our political dollars
in a new transportation form to keep ahead of the future that we are already
miserably behind.

    Thank you, Fred for your continued research into the past.  We must
continue to study the past so we do not make the same mistakes over and
over.  Some day we will figure this out.  (As soon as the schools figure out
how to teach history!)


Dennis F. Cramer--Teacher-Trombonist-Historian-Conductor
www.geocities.com/armconband