Personnel

Last week the following were news:

P: No piddling political job is the office of New York State Superintendent of Insurance. Under his thumb are 800 insurance companies with $22,000,000,000 of assets, which is 80% of all U. S. insurance assets and a sum equal to the national debt when President Roosevelt entered the White House. Nor is the job a mere matter of making the companies toe the strict line of New York State's insurance laws--as Superintendent George Slingerland Van Schaick (pronounced Skoik) found out. For also under his supervision were the big mortgage companies that cracked up after the 1933 Bank Moratorium with scandalous reverberations (TIME, Aug. 14, 1933). Having reorganized nearly one-fourth of the $800,000,000 guaranteed mortgages which his department had to take over. Superintendent Van Schaick retired to his law practice in Rochester, N. Y., which he left unwillingly in 1931 at Governor Roosevelt's request.

To succeed him Governor Lehman appointed Louis Heaton Pink, who has been directing the Insurance Department emergency mortgage rehabilitation bureau. A Brooklyn lawyer with a conspicuous record of civic service, Mr. Pink is a specialist in slum-clearance and low-cost housing, once served on the State Housing Board, now sits on New York City's Municipal Housing Authority.

P: Compromised out of court was the suit to oust Chairman Archie Moulton Andrews from Hupp Motor Car Corp. (TIME, March 11). At the suggestion of a Federal judge in Detroit the warring factions settled on a board consisting of one-half pro-Andrews directors, one-half anti-Andrews. Named as president was Vern R. Drum, oldtime Chrysler man who has lately been Hupp's production manager. Meantime in Washington in hearings on the New York Stock Exchange's request for permission to de-list Hupp stock, the Securities & Exchange Commission continued to quiz Promoter Andrews on his involved Hupp contracts, one of which SECounsel John L. Flynn acidly termed an agreement between "you, you and you in triplicate."

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