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The article discusses a state monopoly of electric light and power. In a previous issue of this quarterly the remarkable record of the government monopoly of electric light and power in Uruguay was discussed. It was demonstrated that in the period up to 1929 most of the dangers of state industry had been avoided. Although a tradition of competent civil service was lacking, public sector unit Usinas Electricas was able to attract and retain the services of a fine staff which aimed at maximum profits in much the same way as the management of a private monopoly would. Although the inefficiency of Uruguayan government employees had been notorious and the state-socialist party generally truckled to labor, nevertheless the Usinas Electricas were not overconsiderate of their laborers. The enterprise did not lag in adopting the latest improvements in equipment and developed a group of native engineers which maintained a high level of technical efficiency. Excessive Political pressure was avoided by the excellence of the basic laws and by the desire of the government to make the Usinas Electricas a model for the larger socialistic adventure in which it was engaged. The political stability of the period also aided greatly.

The article focuses on the Association Proceedings of the 1965 Meeting. President John E. Kane called the meeting to order. The Auditing Committee reported that the financial records of the Secretary-Treasurer William E. Swyers had been audited. Copies of these reports are attached to the permanent file copy of these minutes. As Chairman of the Membership Committee, Alfred Chalk reported that the committee had been active in soliciting new members. Approximately 3,000 invitations to membership had been mailed. Chalk expressed thanks to the members of the committee for their help. Anthony Lis, General Program Chairman, stated that he wished to thank the Section Chairman for the splendid cooperation they had given him in arranging the convention program and he commended them on the excellence of the sectional programs. In addition, Lis publicly acknowledged the contributions of the members John E. Kane, Barbara J. Stockley, and Karl Ashburn as splendid. Raymond V. Lesikar, of the Placement Committee, reported that the Louisiana Employment Division has provided Convention Placement Service.