Personnel

Last week the following were news: P: "My Dear Grandson:

"I am very much pleased in the manner in which you have chosen to learn the Harvester business by starting at the bottom. By doing this, you glean the knowledge first hand that will greatly help you in later years. I extend my most hearty approval of your efforts.

"Your Grandfather,

"John D. Rockefeller."

The year was 1925, the grandson, 26-year-old Fowler McCormick, heir to International Harvester Co. millions. Fowler McCormick went to work at $35 a week for the company his other grandfather founded, lived in a $4-a-week boarding house, pitched horseshoes with his fellow workmen during lunch hour. From heaving 200-lb. pig iron ingots, he moved to engineering and on to sales, becoming assistant manager of domestic sales in 1933. Last week hard-working Fowler McCormick was elected vice president in charge of foreign sales.

P: When the late Cyrus H. K. Curtis went from president of Curtis Publishing Co. to board chairman to make room for the "younger generation," George Horace Lorimer, then 64, succeeded to the presidency. Last week "Younger Generation" Lorimer moved up to the board chairmanship, vacant since Mr. Curtis' death last year, and was succeeded as president by Walter D. Fuller, vice president and secretary.

P: President Arthur E. Braun of Farmers Deposit National Bank, fifth largest bank in Pittsburgh (resources: $88,000,000), was elected a director of young, hustling Allegheny Steel Co., famed makers of stainless, non-corrosive steel alloys.

P: Sir Herbert Samuel Holt, Canadian rail-power-banking tycoon, resigned as president of far-flung Royal Bank of Canada, the Dominion's first billion-dollar bank, to become chairman of the board of directors.

P:As a boy Fitzgerald Hall of Nashville wanted to be a doctor. Instead he became a lawyer, was for 14 years general counsel of the Nashville, Chattanooga & St. Louis Ry. Last week he became a railroad president when N. C. & St. L.'s directors elected him to succeed James Brents Hill, who was summoned to the presidency of N. C. & St. L.'s parent company, Louisville & Nashville R. R.

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