Stockholders' Report

Like many businessmen, Barron's Weekly was fed up with Washington's failure to tell businessmen how big the armament burden would be next year. In this needling mood, Barron's last week framed a letter to stockholders from a mythical company whose management was just as hazy about the future as the Administration and the armed forces have been:

"Gentlemen: We are unable currently to give you any significant facts about your business. You will understand that this is not our fault. In the matter of product, our technicians are so busy that they have been unable to agree on a model. In the matter of manpower, our labor troubles have been such that we have been unable to figure costs . . . Even if we had decided what we were to make and how we were to make it, our conclusions would be tentative until reviewed by the . . . directors . . . Even if we knew what we were going to do we might not do it . . . Meanwhile, we ask your continued confidence."

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