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Image 465 of Theo Brown Diaries, 1940

Public Deposited

Memoranda May 1940 TO OUR STOCKHOLDERS Your officers are glad to report business over the past year has been vastly improved; in fact we almost broke even. Your company was able to get a little work done around the plant in 1939 by naming six vice-presidents in charge of visits from tax agents, thus saving the higher executives a major amount of time. We built a new wing on the factory in which all data, facts, figures, reports, explanations and apologies demanded by the government may be prepared and turned out. This plant is now capable of turning out answering 50,000 inquiries from Washington per week. Plans are being drawn for an annex in which all summonses to Congressional probes can be received, filed and catalogued. To handle other relations with the government, the company has appointed a vice-president in charge of nervousness, a vice-president in charge of aprehensions, and two vice-presidents in charge of grave misgivings. Our cash position is strong, due to a new system of loose leaf, loose-thinking, and loose figuring book keeping which we have inaugurated in order to keep in step with the times. We think this means a lot of good clean fun until we change autitors. Getting down to figures our losses for 1939 were $1,358,456 as against $2,567,823 for 1938. This makes it a banner year. Summary: The general outlook is good. Our stockholders will be glad to hear that after suspending the custon over leann years, we have obtained the Government's permission to renew distribution of art calendars to all stock holders.

Creator
Language
  • English
Identifier
  • 1940_1_336
  • MS02.01.21.336
Keyword
Year
  • 1940
Date created
  • 1940
Related url
Resource type
Source
  • MS02.01.21.336.465
Last modified
  • 2023-08-29

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