Business: Steel's Chair

The most important chairmanship held by John Pierpont Morgan is symbolized by the chair at the head of the partners' table in his firm's dining room where he and his 20 partners lunch every day. discuss the world's affairs. His next most important chair has for five years been the one around on Broadway at the head of the directors' table of United States Steel Corp. Mr. Morgan assumed that position in 1927 upon Judge Gary's death at the urgent request of his good friend the late...

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