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This newspaper page contains 2 articles. Subscribers can read the full text of each article.
Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 27, 1930
Page
27
B C Forbes discusses the harsh necessity of removing underperforming veterans from top roles. He warns against sentimentalism, urging executives to balance sympathy with profit. The piece argues self-importance and indispensability hinder progress and calls for honest, timely firings to keep organizations advancing.
The article notes a recent decline in the United States foreign trade balance, especially in exports, tied to tariffs and the broader price context. Immigrant remittances are down and efforts focus on boosting American shipping to reduce payments to other nations, while interest and dividend payments abroad remain a counterbalance.
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