I’m not afraid of any trust that’s likely to come along for a while, because Graham & Co. ain’t any spring chicken. I’m not too old to change, but I don’t expect to have to just yet, and so long as the trust and labor situation remains as it is I don’t believe that you and I and the kid can do much better than to follow my old rule:
Mind your own business; own your own business; and run your own business.
Your affectionate father,
JOHN GRAHAM.