Business: Reduced Goose

President Charles Ruffin Hook of American Rolling Mill Co. still has the "little black book" in which he budgeted his $2 weekly salary as an office boy for Cincinnati Rolling Mill & Tin Plate Co. in 1898. Armco's Mr. Hook also still has the conviction he developed while working up through the steel industry—that the No. 1 Big Business problem is its relations with employes and public. In 1911 Armco's General Superintendent Hook married President George Verity's daughter, Leah.

When Charley Hook succeeded George Verity as president in 1930, he had ample opportunity...

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