STEEL: Surprise Dividend

When U. S. Steel's directors sit down to their monthly meeting at 71 Broadway —looked down on by the portraits of J. P. Morgan (Sr. and Jr.), Henry Clay Frick, Judge Gary, Myron C. Taylor, George F. Baker—no swarm of Manhattan newshawks waits outside the door. Their monthly meetings are devoted strictly to business, not to making publicity. The directors hear about broad company policies from their youthful, silver-haired chairman, Edward R. Stettinius Jr., keep up with production and sales operations by listening to tough-fibred, gregarious President Ben Fairless, learn about fiscal problems from their precise Finance Chairman Enders...

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