10 Washington. How much of your time in Washington matters does it turn out to be? JONES: Well, it varies, of course, week-to-week, month-to-month, but if I were to add up all of these externalities and here I would obviously have not just the Federal Government involvement but also philanthropic endeavors which are of importance to the system, trade association matters, let's say, and service on all sorts of boards, committees, trustee arrangements for educational institutions, et cetera, et cetera, it would probably come up to something close to 40 percent of my time. CARR: Well, I was particularly interested in Washington aspects of all this, of course, you've been active in the Business Roundtable and now there's a new responsibility (not clear) is this something we can get into and talk about here, using it as a springboard, this whole idea that these aren't just extracurricular activities. They very much bear on the... JONES: On the welfare of this corporation and the system in which it operates. That's the way I like to put it. CARR: Well, with that in mind, not just as kind of an interesting sidelight, is it something we could discuss, go into in a little more detail?