Able McLaughlin

Ever since he was 15 years old, George Vincent McLaughlin has, in one way or another, been connected with banks. In those 25 years he was sidetracked but once. That was in 1926, when he was appointed Police Commissioner of New York.

He worked hard to learn the rudiments of this strange job, how to cover felons with guns, when to vise blackjacks, where to hit. He influenced, the city to enlarge the police force, insisted that new men be carefully taught the rudiments he had learned himself. Then he had a falling out. Rumors were that Mr. McLaughlin could not understand why the law against gambling dens was not valid in all parts of the city. Clarence H. Mackay offered him a position in the Postal Telegraph & Cable Companies as executive vice president. This, too, was a strange job for a banker. But he accepted. The company would pay him $75,000 a year. He would study the business and discover how to earn that much.

After a few months of study, Mr. McLaughlin decided he must be a banker first. So he last week resigned from his executive vice presidency, announced he had accepted the presidency of the Brooklyn Trust Co.