Business: Dealer-Directors

On a platform in Detroit last January sat a quiet, alert, well-dressed man. Close to him sat Robert C. Graham, Vice President and General Sales Manager of Dodge Brothers, Inc. Before him in the amphitheatre sat some 3,000 retail sellers of Dodge motor cars and Graham trucks. The quiet, alert one had bought out their company for $146,000,000 some time before (TIME, April 13). He was Clarence Dillon of Dillon, Read & Co., the Manhattan banking house.

Banker Dillon studied the men before him, noted their eager intelligence regarding retail selling. An idea came...

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