ERICSSON TELEPHONES
The telephone equipment industry is one of those which can look forward to a substantial volume of business both in peace and war. Colonel Sir Harold A. Wernher was therefore able to give a cheerful review of the outlook at Wednesday's meeting of Ericsson Telephones. The normal home market for telephones had, he said, been adversely affected by present conditions, but they were being engaged to an increasing extent on contracts for the defence Ministries and he expected these contracts in due course to equal the normal volume of peace-time work. He inferred also that the modified Post Office programme would not be too drastically cut down, since the telephone system is an integral part of national defence, and announced that the company had sufficient work in hand to keep it employed for months to come.
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