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Board because of unwillingness to diveit himself of his stock holdings. But; when he went before the Armed Services Committee, he satisfied its members that he had divested himself of all financial interests which would in any way conflict with his duties as Secretary of the Navy.
I have such high regard for Mr. Wilson’s ability to administer the demehse spending program economically and efficiently and such confidence in his personal integrity that 1 was pleased when he took the only logical step to bring his eligibility for public service into harmony with existing law.
As I said, the country wants, and die country needs, a business administration because a government that is spending over seventy billions of dollars a year is a big business enterprise. It must be remembered, however, that there is a vital difference between government business and private business with respect to the overall objective.
Our government was instituted, in the language of onr Constitution, Mto promote the general welfare.'* In other words, the purpose of government is to render service, while the
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