Last week the following were news: Highest council in the steel industry is American Iron & Steel Institute, whose 32 directors administer the Steel Code. When President Robert Patterson Lamont, onetime (1929-32) Secretary of Commerce, resigned last year, the Iron & Steel Institute postponed electing a new president pending reorganization. Its members wanted an active steel executive at their head and a far-flung research staff to keep the industry and the public abreast of Steel's developments. Last week, its reorganization apparently completed, the Institute announced the election of Eugene Gifford Grace...
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