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NEWS SUMMARY, May 7, 1979
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to do our best to "beef up those operations over the next few years."
Last fall Mr. Ray Wright had done a complete study of ways to develop
the Work in Europe. We were ready to implement much of that this winter
and spring, but we had to put that on the back burner because of the
crisis.
"As far as the leaders are concerned, there is no great effort that we'll
have to make to meet them," remarked Mr. Rader. "We could do so at any
time. But they are the developed countries and I think that we have to
be prepared in those countries in order to do more than just meet the
leaders. We are going to have to be able to spend money in those countries
as we do here, in order to compete with all the other things that are
trying to attract the public's attention with goods and services."
Mr. Rader observed that our offices in those countries have only so much
indigenous income and that we can only give them so much support, whereas
it will take more money from the United States to get that particular
effort moving in some vertical curve. He said that since the recent
events have come about states side, the European Work will require a
fresh look so as to determine what we will be able to do on a country
to-country basis. Meanwhile, he said "we are holding our own and, more
than that, we have good dedicated people" in the European Work.
Much Potential In "The Incredible Human Potential"
Mr. Armstrong's book, The Incredible Human Potential, is behind schedule
about 6 to 8 weeks in reaching the bookstores, but there is another way
in which it will also be furthering the Great Commission. The book will
be mailed to the heads of state, ministers of government and ambassadors
we have dealt with in the past or are dealing with at the present moment.
"They will go out as a matter of course just as we send them other mat
erials: Quest magazine, The PLAIN TRUTH, and so on. So that book will
reach those people in that way." Mr. Rader added, "We a.re not going to
send it to people we do not know. Mr. Armstrong does not like to foist
anything upon someone or force it on them."
The Sun Also Rises On Our Finances
"Income is up /approximately 10-11% over this time last yea!:_7 and our
department managers have managed to ease the working capital strain by
monitoring the outflow of cash," reported Mr. Rader. He was also glad to
report that the banks are all indicating a willingness to again extend
credit to us. He said Mr. Jack Bicket,.who is Assistant Treasurer, is in
the process of determining which banks will give us the best terms, best
interest rates and the best service.
Mr. Rader explained that the banks are now more aware, as is the informed
public, that this lawsuit is much different than it was in January. In
stead of being in a state of seige we are merely tending the technical
aspects that have yet to be resolved. The lawsuit still needs to be con
cluded one way or another: either dismissed, thrown out or won. The
immediate threat to the institution is now a thing of the past, but we
still have to normalize our business relations.