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specialist from General Electric Co., who testified before the “Estes Kefauver Committee."
Peters said, and was heard by many Tuesday evening on TV, “There is no question in my mind, that it is legally wrong, and morally wrong, to have price agreements.” "Then why,” asked Chairman Estes Kefauver (D. Tenn.) did you go to the meetings?”
“I think I got into it in the beginning when I was young. I wa? naive. I was impressed by the manager of marketing inviting me to a meeting. I just don’t know,” Peters replied.
“Pathetic,” was the comment of a in ember of the conference. “When fine talented young men go to work for a great company that proclaims itself one of the best, he has a right to expect that he can t;ust and respect his superiors.”
Peters admitted that he learned a bitter lesson. He said, “I’ve been severely burned. I’m a young man. I have years ahead of me in business and I am not going to jeopardize my career.”
“If we just had more like Peters,” said a member of the Mail Box Conference.
“And like Kefauver,”* said another.
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