Business: Brown for Business

The late Theodore F. Merseles once declared that he was more interested in "making young men" than in making money. One young man he made was Lewis H. Brown, an Iowa-born farm boy whom he discovered in Montgomery Ward. When Mr. Merseles moved from the mail-order business to asbestos as head of Johns-Manville Corp., he took along Lewis Brown as his assistant. And after Mr. Merseles' death in 1929, Lewis Brown succeeded him as J-M's president at 35.

Last week President Brown undertook to give the American Bankers Association in New Orleans (see above)...

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