Business & Finance: Steel War (cont.)

Mr Schwab forgot, but Mr. Grace simply would not tell. Each sat in the smart, new conference room of Lawyers Cotton, Franklin, Wright & Gordon at No. 63 Wall Street. There also sat Col. Grayson Mallet-Prevost Murphy, broker, director of Bethlehem Steel Corp., and there, for the moment, reposed the hopes of Cyrus Stephen Eaton, still waging bitter war against the merger of Bethlehem Steel with Youngstown Sheet & Tube.

What Mr. Schwab forgot, until Mr. Eaton's bright lawyers reminded him, was something which few men could forget.

To wit: that for the space of...

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