Never Idle Capital Never Unused Credit

“I was happy. My top men were happy, feeling the thrust and spread of the exciting business they were now running. In spite of some failures, we had broadened our base, and we had made good use of the profits that were flowing in from television. One thing I could never abide was the leaving of money to lie idle, or even to have credit and not use it.”

“The years 1961 to 1971 certainly gave us a very exciting decade. We didn't need to go beyond the bank to get ample credit at 6 per cent and it was upon that, substantially, that the massive expansion of the Organisa- tion was built ; on that and on a team ready to dig in and develop anywhere. In the autumn of 1964 a two-day”