Business & Finance: Potent Mitchell

When Charles Edwin Mitchell, head of Manhattan's National City Bank, was a young man he copied orders for the Western Electric Co. Making several carbon copies legible through the medium of a stub pen required a firm, indeed a strong, hand. Strong-handed, Banker Mitchell is also strongwilled. Last week he halted a collapse on the Stock Market, "slapped the Federal Reserve Board squarely in the face," heard Virginia's Senator Glass demand his resignation from the directorate of the Federal Reserve Bank of New York, announced the absorption of Farmers' Loan & Trust Co....

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