Professional Documents
Culture Documents
Bentley Alumnus - Volume 01 Issue 03
Bentley Alumnus - Volume 01 Issue 03
Bentley Alumnus - Volume 01 Issue 03
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OL MBE J
TH R - OR
OFFICE MANAGERS
UDITORS ACCOUNTANT
If u u the m ·-m · t D ·a Pr f r r pr du in
.
• rd r and n l
• ond
• r ha d r an rt
o 1ntin r tan p r
a t .
turn h I
u nn u u ti n n btain
i b u ·n + a r.
r r ult t t a r
I n iti n 1 in r m t" n u n r qu t.
EPEAC c.
I 7-27 0
THE
D
0 0 l II
ir l r
D
Jam
L Ii
Ed ard .
Jo ph J.
Jam H. I B R J 1
•
0
0
Carl
Edwa· d I PR I
n
Tr a urer
William ir ctor of Fina11ce H I R R
G rg P . in m n ,
Dir ctor of
t ph n ,
PR I L
Dir tor of and Publications
John . · R
Dir ctor of Plannin and Pro ram
L id h I ........................... . 8
Henry . rt r 7
Dir ctor of R uni n
Rob rt . unt, D , L I RD
Dir ctor of mb r hip
Rob rt im 11, 1 .P. .R B T H B .. .. .... ..... ..... 11
Executi lumni er tar
R I I D R RI I ................................................ 1
• H
hi . p rtion f h Pu n-
THE B L L i pub- tr- · ill th w rld t
J nu r pril, July,
int nd r i nti 1
d in B B k
I thi
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h n t . nt r.
fi 8 th 52 tory k crap-
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n . r d-
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urn
Pr id nt
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ommitt tin
...
hapt r Op ration R
hi 1
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lumni ,vard r ram
ti of
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· b r hip
1.
Runion
d lu ni fr h u
h R uni n Pr
on lu ion
ur
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t
1 8 11
h I-
r n n
lumni. R uni n
und r p bl uid
r P r r d r h hi h t
m nd ti n f r 11 d n .
0 d
.
L i h
Prud nti 1 i mit u lin
John B. oun il P id nt P tri
n ·al th P ·ud nti I u· n
6
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rilli dr m 11 fl t 1n h p I ur- f r 11 in th
un ldi . nd 1 f h
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Prud n- p u- B
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n
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Th uti mmitt n i r
th
t 1 d t th Prud ntial In uran f
. m ri a it a ·m t i h th n true-
z . u ti n f th Prud nt'al d l pm nt . h
b
om pl t d ill b of r at b n fit to h fB -
t n and inur t th pr p rit f it iti and t
th ad ant a a f th Prud ntial In uran
f 1n ri a.'
EDI
W i h to t nd our i1 c r appr ciati n to Mr.
f Jam ]. mith Publi R lati n Mana orth a t rn
th· H m Offi Th Prud 1 tial In uran mjJan f r
un kin · · 1 ndb hi ond rful oo p rati n in 1 n ction ith th pr par-
in • f r h nd f 1 'h u - tr - a ti n f thi arti l .
7
Recession. • •
A Glanc at the Past and Thought for the Future
By Maurice M. Lindsa
8
tru tur whi h in lud d m rt , br k r ' loan nd th two ar a r to pr id th h tb d f r th
in t llm nt . br din f r· inflati n.
Th . h t km rk t in 192 th b in- Th f rti f 11 in r i n t p a tim
nin f t bu i pr i n in ri n hi - w 11 r' h lid u f umu-
r . uld b d a · n f r p ri d. lid
milli n f ur itiz n 1 t r thin nd , r bli d t mp r ril int rrupt d b th K r n W r which
t m k fr h t rt. b an in Jun 1 nd ntinu d until Jul 19 . Dur-
in thi p ri d th r Iittl un mpl m nt w
1930-1939: Ten Years Of Depre sion r hi h nd n um r f und th m I with
h thirti w r diffi ult r but it mu t b r - urplu fund in n h rt of
m mb r d th t th abu which h d r pt in during od .
th pri r b om p riod r quir d m j r tr atm nt. On Followi on r i n t full p h dul in-
f th f r to aggra t finan i I p r tion in 1929 n Id in n un rt in m nn r th t t th
a a w k banking tru tur . H u - I aning in th of Ii in in f I' p r di . Th
b nkin indu tr b an with th B nk-H Iida in 193 . .
p fl d 19 - 19 d rl 19 7 w I ok d upon a
Whil a numb r of b nk r l d p rm.an ntl and hi hI prop r u but it h uid b r m mb r d
th r dr ti 11 r or niz d th nd r ult wa th that ur dollar h d pur h in aiu f l than 0
t bli hm nt f a ound bankin t m. Th Publi nt t th 19 9 I I nd ut 2 nt t th 191
tiiit H ldin Comp n A t of 19 m d it po ibl I.
liminat v ral la r f unn ar holdin m- At th f 19 6 t k i Id w r 1 than th t
pani and th S uriti and Exchang Commi i n ff ord d b d b nd . D bt in th w mort
r at d to umpir th di tribu tion of uriti . Th and in ta! al wa h. int th trat
urit mark t w r oblig d to p rat n 100 a h War hou r bul in nd r · t w
b i and in th r tion of thi Commi i n mar in b innin t b f It in th aut · ho pplian
h b n not I th n O tan tim . nd furnitur indu tri . In rt um r w r w 11
Finall gold wa onfi t d b th rnm nt. Th uppli d- whil in d bt up t t · ar - and not
Gold Standard wa r l at d to hi tor nd th W I- num r u in th m rk t pl B middl f 19 7
f r Stat " wa ub titut d whi h r ult d in a p ri d hi h r int r t r t I bor t p · nd la k of on-
r t t infl tion in th r f llowing th lo u r d mand br u t n th pr n t
f th Ci il War. In th thirti billi n of dollar f i n. Th · .i p rf t n tur 1 thin . It pr b-
rnm n t fund w r p ur d int th n true ti n f abl w pa t du wh n it arri d bu in
publi tru tur . w a n i in W a hin ton multi- lw too far.
pli d with r at r pidit und r th w D al- and till bl nd in to a h oth r in natural w
th d pr ion ontinu d. It wa d mon trat d b nd nd th opp it tr nd i pr tt w 11 long b for mo t
doubt that gov rnm nt p ndin ould n t nd a bu i- p p om n iou of what i happ ning. Whil
n d pr ion. th ion i no urpri t m th m t triking in-
H r Thoma J ff r n' pt b rvation i both p rti- di ati n that it w b ut d wa in th tl m nt of
n nt and int r tin . J plac onom amon th fir t th trik int I f 1 6. That a patt rn f r
and mo t important irtu s and public d bt a th r at- th m nt f w i put whi h th d ng r-
st of dano rs to be fear d. W mu t pr v nt th Go - ultr -infla r . · in r a · th
rnm nt from astin th labors of th p o pl und r th p' ith · · r pro nd in r a d
pr t n of carin for them.' t f Ii i t . rth thi . n
1939-1958: A Boom Period an · n • · if it id th · i-
In th I t thirti En I nd and G nn n b m in- piin hi h i u h d d. In m pini n it ntu-
I din di put hich r ult din War. W b li d 11 will do th . pp d to d b f r th r n
th t ur b t int r uld b r d b upplyin th b · nuin r r .
Briti h ith m t ri 1 und r a 1 nd-1 a A b d t tim m m th n in no way b
r m nt. Thi .... '-' ..J'"'l r t d bu in in th Unit d mpar d with th thirti . Our bank n m t 11 th
t t nd m rk d th b innin f a b m whi h am d m nd mad upon th m. Brok r ' 1 an r of no im-
t n nd in 19 7. Within h rt tim th nit d St t ur1t1 for th mo t p rt, r h Id utright.
nd th r n ti n to k id in th nfli t and wh n F r I ur nd r po ion hould n t b num rou
J p n tta k d P rl H rb r W rld W r II wa n in f h a il indu trializ d nt r . Th rpor t
full f r . ru tur i und. In hort ar n r pin b n fit
ntil th ati n of h tiliti in 1 4 th nati n fr m m f th rr ti m ur d pt d in th
full upi d in n 11 ut ff rt t in th r. thirti . M hi f n rn i th t in our ra toward
h wh 1 n m w infl ti n r · nd n t littl of Ii .n h I d th pur h in alu of th
u pr nt diffi ult t m fr m th m nn r in whi h . d llar · ·
r niz d I b r nd ri ultur r p rmitt d to op r- Cmmn tht hil r m di I m di in ma
t without r tri tion. Pri ntr I r pla d n b h rd t tak it h uld b dmini t r d ith ut d la
.
pra ti 11 r thin with th pti n f nd 1n n rou d in rd rt t b Ii h th vi or n ar
f .rm produ t . It m b m ntion d in pa ing that - please turn to pa e 10
9
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m r f r E tate Planning Opportunit
m n lu ni Pl ffi h P thi r
f n r u ti n
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I JO - JR.
Honor l\lf ntion
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Retails for
3.00
Retaifs for
2 .50
JR.
DOME Short Cut
PAYROLL BOOK
For Firms having 1 - 50 employees
This book is radically different because it contains
.N O WEEKLY SUMMARY.
It is unique because
NO NAME - NO WORD - NO FIGURE
is duplicated during the entire year.
YOU WRITE IT ONLY ONCE.
1
-at rnit and ororit
K.P.A. I '\ RD
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B LPH FR T •R I R I
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rth Pr id nt f t Dpt. m r th n
TH h
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M h 11 Oil omp n ha
R E E. I DE fr m
unt hi a · · · u
R DERI K E. R BI 0
M n th land Di .. n.
h . m d int n w ffi
I Buildin M t. , L. KR P I K
nn. r. n irman of th R d Fi-
h irm n f th ti ut m m- . in thol, Ma . Mr. Krup-
mmitt , · n In titut f n1 rt r d Lif nd rwrit nd
nd i Pr · nt of th w i · nt f r th P ul R r Lif
H hapt r. n .Hi mm f
m n nd
HEIB E ho
troll r nd a Dir r f th nd tl
V t ., nd Wimpf-
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f ton- D 34 H RRY B. JO E ha b n
itt toning- pr m t d t
t nn. H i offi ial f M . ti niv rsit .
. P.
.
port · witt Wood r ft- ROBER 0. l
-r , In o 1 nd num- ntroll r for L , In ., am-
D 33 Pr id n t of th Main B n I
r u in n ton. bridg , Ma .
lumni hapt r, LEX B MER, h
f rm d a whol I b r di tributi n m- p f JOH HEREME ant u-
p n , nit d Di tributor of M in , I - W rn r-W In ., n Fra · p rint nd nt, Mat ri I D pt.,
t d at 214 Minot ., uburn. Mr. lif., P n 10 n ult nt and ctu ri nit cl Fruit ., G Hi.to, ta Ri a.
B um r wa f rm rl Di tri t Mana r V d r-R ot, In ., Hartford, onn. h
f r th rlin Br win mp n . E 33 h pr tion f J K L. nnoun d th appointm nt of ROBERT
EDW RD W. BIRD LL, anoth r I OLL, W twood, to M n g r of Fi Id L. TETRO Finan Man r.
l n di tan tra I r to th R union, i dmini tr tion f r th John Han co k - please turn to pa e 18
·--------~---------------------
DARKNESS & DILL '
HARK ESS & HILL, Incorporated
INCORPORATED 70 State Street, Bo ton
7
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E 43 E 47
E 45
B I I R T
D 48 THOM S K. BAER has join d of th Poultr Dr sing Plant, Brockton
th facult at B llarmine Coll g , Louis- Coop. Poultry Produc rs, Inc., Avon,
ill , K ntuck and will t ach advanc d Mass. Mr. o s liv s in W st Bridg -
a ounting ours s. m emoriam wat r and i a tiv in town affairs as
Ston & W bst r Engin ring own ommitt man of th Bo Scouts
ha promot d H RR Y B. KLI E to ost D 192 Hiram D. Skeel nd Wat r omm1s 10n r.
Engin r at th ir plant in Yorktown, Vir- D 1923 John . Wil on RROLL G. TR FTO i located
g1n1a. E 192 Edward T . Blanchard 1n tlant , G orgi , wh r h is mplo d
GER LD J. McC , Comptroll r of D 1924 Jame H. Brennan s Off ic Manag r at Burk , Dawling,
orwich, Conn., has now assum d addi- E 1924 orman D . Budge dams, In ., an adv rtising ag nc .
tion 1 duti s as th cit s first finan di- E 1924 Edmund O. Schlicht
r tor. Mr. McCann is a m mb r of th E 1925 Frank A . B II E 50 EDWARD G ETT is Pr si-
Kni hts of olumbus, th Kiwani lub, E 1925 rthur J . Boudr au d nt of th Hudson Combing Co., Hud-
and th Y. M. C. E 1925 William F. Troy n, Ma
EMIL OR HR P, . P. ., th D 1927 Jam R. Smith
n w controll r at th Roxbury rp t D 1928 Chari E. Robbins, Jr. D 51 LFRED BOSSE, in a r c nt
Co., Framingham, Mass. D 1929 Leo F. K 11 y v1 1t to th lumni Offic , r port d that
HERBERT F. PA LM ha r - D 1931 Curti A. Bu kmin ter h w s I aving for I mson South Caro-
iv d his B.B. . d gr t- D 1933 Hyman J. Coh n lina to b com cting Con:roll r for Ex-
rn niv rsit with honors. H i a m- E 1934 H. Allen Boone I ior Mill # 2, D rin -Milik n orp.
b r of Sigma Epsilon Honor Frat rnit . E 1934 Murdock a Leod JOSEPH . BO DRIS is ontroll r
JOH E. RO L TER is r a ur r E 19 6 G orge L. Roger at Transitron El ctronic Corp., W k fi ld,
of ' oll Gat Dair Far s, In ., Lit h- E 1941 Clyde V. Hodgdon Ms.
fi ld, onn. E 1947 John J. Baker Sup rvis~r of Plant Accounting, G n-
E 1947 Henry L. Freeman ral El ctnc o., ll Cit , Indiana is
D 49 JEROME H. B R ET is Vi D 1950 Jame M. Wal h HOM S E. DEMBOSKI.
Pr sid nt and r asur r of R. E. Barn tt,
In ., ugusta, Main .
D 1952 Herb rt D. Walton G~~ LD E. FREEMA has ace pt d
D 1954 Robert Monat a position a Pl nt ccounting Sup rvisor
LEX J. BREWER writ s that h 1s
Offic Manag r-Assistant r asur r of with R pro Division, G n ral ir and
Rubb r Co., Cr nston, Rhod I land .
th Ban or Wat r District, Bangor, L gal Examin r for th . S. D pt. of
M in . Mr. Br w r is also a fiction writ r Jus tic , Immigration and aturalization . P L L O GO has b n ap-
and his forti th story is includ d in th S B. GRIF- point d s a r i t r d mutual fund r p-
S r ic , Boston, is HOM
Jun i su of Real Western Stories. r ntati b th B. . Morton & Co.,
FI .
LO IS S. BR O is Int rnal Auditor IRVI G J. S DLER, . P. ., is a Bo.ston. Mr. Luongo will b s rving the
for Scovill Mfg. Co., Waterbury, Conn. m mb r of th Auditor G n ral s staff, Win h st r ar a and r pr s nting ov r
ssistant omptroll r at ichols, Inc., 175 mutual fund programs.
. S. ir Fore and is pr s ntl assign d
Ex t r, . H. is EDW RD J. CRESPI, as Sup rvisor uditor at th G n ral First Li ut nant H ROLD J. McCOR-
JR. El ctric Co. plant in W st Lynn, Mass. M . .K of rlington, Mass. has com pl ted
R. D Y is Mark ting Controll r th int grat d accounting cours at the
in th omm rcial Equipm nt Division, D SO WILLI M B. FR SER, JR. has rmy Financ School, Fort B njamin
Ra th on Mfg. Co., Waltham, Ma s. join d th Rhod Island Mutual Insur- Harrison, Indi na. Li ut nant McCor~
H RR Y W. ELLIS is living in Saudi anc Co. a th h ad of a n w d partm nt mack nt r d th rmy in 1951 and was
last station d in Kor a.
Arabia wh r h is mplo d as G n ral of ommuni ation and suppl .
ccountant for th rabian m ncan H RR Y GREE S EI is an int rnal J K ROSE, C. P. ., is s nior staff
Oil o. r v nu ag nt in Los ng 1 s, Calif. accountant for P at, Marwi k, Mitch 11 &
HERBER V. GE RTY is Auditor at ROBER L. H MPHREY has b n Co., Boston. Mr. Rose has r c iv d his
th nion Saving Bank, Boston, and is advanc d to Branch Man g r of th B. S. D gr with honors from Suffolk
Grand Rapids, Michigan Off ic , Kais r Univ rsity.
pr ntl att nding orth ast rn Ev ning
S hool of Busin ss. lu1ninum and h mical Sal s, Inc.
DO LD M. M RDER has r c ntly Prud ntial Li£ Insuranc Co s., Man- E 51 HOM S J. BURLEY is m-
r c iv d his .P. . c rtificat and is m- ch st r, Conn. District Offic , has an- plo d as Comptroll r of McLean Hos•
plo d by the firm of Rob rt Bo r and nounc d th promotion of B. ROBERT pit I, B lmont, Mass., a division of Mass.
o., Boston. M E to Staff Mana r. G n ral Hospital Corp.
h Ballston Spa tional Bank, Ball- A r c nt issu of Th Brockton Co- HE RY . COHE is a m mb r of
ston Spa, w York, has announ d th Op. "R vi w in lud d th promotion th Board of Dir ctors of Sal m ommer•
appointm nt of J MES WHELDE as of JOH W. OYE up rint nd nt i I S hools, Inc., Sal m, Mass.
ssi tant Vi Pr sid nt. I. . E. ircuit Br ak r Co., Philad 1-
phia, has D M P. KI OSIA as th ir
E 49 BE JAMI M. BE SO , . P. Assi tant Tax ccountant.
A., addr ss d th Kiwanis Club of R - lb rt E. Schlott, Inc., Goody ar Tire
v r , Mass. in Jun using as his topic Distributors of Lawr nc , Mass. have
"Tax R Ii f for Small Busin ss . Mr. B n- promot d HAROLD W. LAVERS to Of-
son is a m mb r of the Boston firm of fie Manag r.
Frank Solomon & Co. EL WOOD LI CHFIELD is now As-
RICHARD FI DLA Y, JR. has be- sist nt Tr asur r of Lawson Machine &
om a sociat d with the Dorch st r Mu- Tool Co., Maid n, Mass.
tual Fir Insuranc Co. as Chi f Account-
ant. D 52 Offic Manager at the General
JOH C. FOR ARO is Offic Man- abl Corp. plant in Tampa, Florida is
ag r at Corman L ath r Co., Roxbury, DO ALD A. McCARTHY.
Mass. PASQ ALE PISCITELLI has a new
ARTH RF. GOODE RL has join d position as Offic Manager for Campan-
th staff of Atlantic Monthly Magazine lli Broth rs, Inc., Braintr , Mass.
s countant. - please turn to page 22
21
RO LE I E h E 56 R th
2/1,_roug-h the '/jeartJ tr
in L nn, . t it n w plant in - L ad
EL 0 o
Dpt.
tion
E 52 RI H E 55 .L DBE ER h as D ELL, L nn Ma . h s
ign d t th M n ·n Pro- n pr i r Fi Id min r rs und r th rmy s
r m t ti n 1 brid , B nk Offi , pro r m and ft r
M Ith tt.
t Fort Dix, w J r y,
i n d to the rmy Fin nee
D 53 . DELORME is D 56 P J. OOK 1n - t Fort B nj min, H rrison, In-
nt Di i io at Dodds ,M h rri d t F rt Di , din.
ir in Bu J f r · ks of b ic tr in-
tt nding hi h ill b tran f rr d to ROBER m1n-
R.ROBI i ing aft
hool for f urth r tr in- r for th D pt. of x-
it g of an Fr ncisco. hni
ti n and Fin n ' w York.
1n .
E 53 M J. I H h b n R BER J.
In n · E p r n ,
E 57 Id u Bo t n,
ppoint d troll r t R frig rat d
h pr HM to
F od hB n. York nd d in writ-
t · bl ction.
JOH h n d 11 f r n
P i Cr dit M n-
P id nt f th t n Junior mb r ORM join d kl r Oil h 1 a,
of 1958-59. st nt ountin rd nd M
ank, o., Ltd. a i tant ccountant. r.
n of r ham i Ii ing in Halif , o a cotia. M R E. HO t-
In ur n taff ROBER . LEBOE F of Br kt d t thr -
f rum tt. M . has b n ppoint d G n r I M df rd, M ii. Mrs.
unt nt of the ational r nb rr hon h b n in the employ of the
D 54 H ROLD M. B ILEY is at- o i tion in H n on, Ma s., aft r b in it for th pa t 32 rs.
t nding th rmy Languag chool, Pr - o iat d with th main offic ROBERT R. McPH IL is now Office
idio of Mont r , alifornia, and is u t 1957. M n g r nd i t nt r asur r of the
tudyin Ru i n. R YMO DJ. SPE p nn Fish ri s, Inc., Gloucester,
ROBERT J. BERGERO is n ac- Int rnal uditor with ation I D
counting machin sal sman for tion 1 Pr du ts orp., w York City. POLIT 0, uditor
sh R i t r o., Pitt fi Id, Ma nnounc m nt has b n r i d r - o., was honor d r ntl for
DO LD P. B TLER i p cialist 1 ting to th promotion of THOM J. hi r of r ic with th company.
3rd clas r ing with th rm in RPI SKI to Speciali t Third Mr. apolitano r i d gold s rv1ce
Fran . H is now assistant comptroller Po t Financ and ountin Offi pin f llowin lun h on at th Pillar
to all th M di 1 Group in th t ar a. Ril , Kan a . Hu in wton, Mass.
22
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e of 900 taste enlo
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