Business: Biggest Bond Machine

When industry was smaller and finance calmer, investors set out to buy bonds only upon their own initiative. But now the handling of a bond issue requires a vast distributive machine. When last week plans were perfected for the biggest bond machine in the world it was fitting that part of its name was that of the ancestor of all bond salesmen.

Norman Wait Harris just 49 years ago formed N. W. Harris & Co. of Chicago. Out of this firm grew Harris, Forbes & Co., premier U. S....

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