I would now like to present to you the only other director to whom we have risked assignment of a speaking part. Because Reg Jones was born in England, he is not eligible for all the jobs in the United States for which I consider him well qualified. Reg Jones expects a high level of performance from his people but is even more demanding on himself. Recently he apologized to his Board for a full-length article that appeared in the Sunday section of the New York Times. He explained that he had not participated in its preparation and was sorry that the article contained comments critical of him and of General Electric. Being less sensitive than he is, it seemed to me upon reading the article that the only thing they had not given him credit for was the ability, to walk on water. Typical of the kind of comment contained was this quote from Stuart Eizenstadt, President Carter's domestic affairs adviser, who said of Reg Jones: "I think he is one of the wisest, most intelligent, most informed people on public policy issues that I ever