Directors of the Chicago Board of Trade last week forbade the Armour Grain Co. (corporation entirely separate from Armour & Co., meat packers) from further trading on their grain exchange. Thus the directors punished the company for the knavery of Armour Grain Co. employes—their thievery, their defrauding of the Farmers Cooperative Grain Marketing Corp. with burnt grain (TiME, Mar. 14), and their desecration of the Board's prestige.
The directors felt obliged to do this because their own conduct has been slovenly. Value of the Board...
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