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GE Chief Foresees a Decade More of Prosperity
Charles E. Wilson, president of General Electric, spoke in Syracuse about continuing economic growth fueled by American energy. He cited GE employing 200,000 now versus 70,000 in 1940 and wages 70 percent higher, and argued there may be plateaus but no recession. He urged expanded venture capital to fund plant expansion and noted profits per sales dollar remain low as costs rise and ownership broadens share of wealth.
MENTIONED IN THIS ARTICLE
Charles BE. Wilson
General Electric Company
Syracuse
G.E
Electronics Park
Charlie
Dustry
West
Manhattan
Sprague Electric
Hell's Kitl
G. E. Chen
Shack
Ius
Brooklyn Bridge
Ralph Cordiner
Ray Luebbe
Dent
H. IV. Erben
Wilson
Schenectady
Piadman
Ules
Ths