At Leland Stanford, plans were announced for the establishment of a school of business administration to be laid down along the lines of the famed Harvard school. The report indicated that U. S. Secretary of Commerce, Herbert Hoover, Stanford '95, had suggested the new school when in California last winter. Mr. Hoover had pointed his suggestion by showing how 40 Californians, graduated last year by the Harvard school, had all been absorbed by Eastern concerns instead of benefiting business in the West as they might have done had they been trained there.
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