Business: Old Grocery

A strong old man of 91 had a sad announcement to make last week. He was Franklin MacVeagh. Secretary of the Treasury under President Taft, president of Franklin MacVeagh & Co., 66-year-old Chicago wholesale grocery house. The announcement was that the Depression had been too much, the old firm would dissolve. ''My son, Eames, wanted to close the business some time ago," said Grocer MacVeagh. "But I did not resolve to do so until a week ago. . . . We have gone through several panics and one great disaster, the Chicago fire. The...

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