“TOO BIG” BUSINESS.

Lake Wakatip Mail, Issue 4046, 26 April 1932, Page 3

“TOO BIG” BUSINESS.

I Mr Angus Watson, J.P., writing i the “Manchester Guardian,” says : “This week 1 have a letter from ah United Stales, in which the writer says ‘The period of mass production and ex ploitation is actually ending, since it work is done, and we are being left will an excess of machinery, financial am ’ mechanical, on our hands, the liquidatioi ‘ of which will be slow and costly, will a read lustment of commerce which wil 1 o-q to the bottom of our whole conceptioi and order of life. We are so tanglec i;p in every way with the machine agt 1 which yon are at present free from.’ 1 “The discovery,” adds Mr Angus Wat son, “ tha‘ mechanical industry, which lias' not behind it consideration for the human facioi, finally breaks down is amp ly confirmed by our experiences at home. Tn« rationalisation of our railways lias resulted in a loss to the public ol £100,000,000, while a similar experience with the Royal Mail Steamship Company. in which a public loss of some £25,1000,000 has to be faced, confirms the same lesson. “Recently I was informed by one ol om leading shipbuilders that there are only four solvent shipbuilding concerns in this country, all of them under in dividual management. The plain iact, of course, is that the highly technical art of eomneicitl control is more successfully carried out by individuals than by executive management, and that when a business enterprise reaches a point when it is no longer within the grasp of a guiding hand it ceases to function successfully.”