Last week the following were news:
¶More than a coincidence is the fact that International Harvester's active head has always been a Scotsman. Its managerial traditions are tight-lipped accounting and long-headed efficiency. Its annual report usually concludes with a tribute to the "zeal," "courage," "loyalty" or "resourcefulness" of its organization. After the sons and grandsons of the late great Cyrus Hall McCormick began to lavish their energies on personal affairs, Alexander Legge took command. When Mr. Legge died in 1933, right at hand was a faithful first vice president whose sober Scotch virtues...