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094503 1 (1972-05-12)

handle is hein.gao/gaobacujt0001 and id is 1 raw text is: 094503 Address by the Comptroller General of the United States, Elmer B. Staats, before the Eastern Area Conference, of the Financial Executives Institute p L7/ Nassau, Bahamas May 12, 1972 GOVERNMENTAL AUDITING IN A PERIOp OF RISING SOCIAL CONCERNS Down East in Maine, old timers tell a story about the early days of the automobile that seems applicable to what I want to talk about today. This incident occurred when people still used to go out riding in their open touring cars--Hudsons, Chalmers, Stutzes, Pierce Arrors, air-cooled Franklins (with the slanting hoods) Dusenbergs, and Model T Fords. It seems that a man from Bangor was driving along one of the back roads, which he knew well, and came to a four corners, or as we say now, an intersection. He noticed that a sign on a post on one of the corners said Bangor, 5 miles. The peculiar thing about it, as the driver well knew, was that the sign was pointing in exactly the opposite direction. The driver saw a farmer in a nearby field and hailed him: Don't you know that sign is pointing in the wrong direction? Someone will get lost. Yea, I know, the farmer replied. We couldn't put the sign post on the corner where it should have been because there is a ledge there, so we put it on the other side. But it don't make no difference: everybody knows the way to Bangor. 7&1) f7 7

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