Cogglnsi Thay have largely been replaoedi the boys hav« h 



been buying the itdelt #▼•? ilnce, 

 Oilbs The eraoployees, 

 Cogglna: Xeim^^- 



ailbi Ana you* re a large atockbolder yourself? t^u^ 

 Cogglns: I'm the largest single stockholder. 

 Glib J I see. And what's happened to Mr* Patterson? 

 Cogglns: He's In business for himself* 



Glib: Has your firm been able to pay sizable dividends? 

 Cogglns: Well, for us that bought the stock cheap, it'» 



paying big dividends. But on the original 



capitalization, it's only paying about two or 



three percent. 

 Oilb: You bought it at a tine when other pecple wanted 



to sacrifice? 

 Cogglns: They wanted to get out. They thought they vould 



lose all their investment. 

 GUlb: You feel by and large that it was a successful 



company? 

 Cogglns: That depends on the viewpoint. I think we offer a 



Job security that few other coaqpaniea have. I 



think we could all weather a depression together* 

 Glib: The company would keep the workers around even if 



there wasn't enough work for all? 



