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Show Profits Essential to Service Just as it is true that nothing is free, so it is true that any business, to be successful, must be operated upon a basis of profit. Public utilities utili-ties are no exception to the rule even though engaged in serving the public universally and continually. "As a business, the utility is required to produce enough revenue to pay the operating costs for the quality of service serv-ice which it can merchandise readily, to pay wages to capital sufficient to insure a ready flow of new capital as needed, and to provide some surplus," says M. S. Sloan, President, New York Edison Company. "It can not be a successful and desirable public servant serv-ant unless it is a business success." A good husband is one who loves and fears his wife. |