MANAGEMENT: Sweet Reasonableness

More than a few of the 3,000 members of the National Association of Manufacturers, gathered for their annual convention in Manhattan's Waldorf-Astoria Hotel last week, felt like small boys worrying about a trip to the woodshed. None knew how vindictive or friendly toward business the Truman Administration would be. But Secretary of Commerce Charles Sawyer would tell them; he was due to give a speech which President Truman had read and approved.

Just the sight of Sawyer in the glittering banquet hall made the N.A.M.s feel better. With his grey hair, rimless spectacles...