To the SEC Commissionership which Leon Henderson resigned (he was too busy with defense), President Roosevelt appointed young (36) Edmund Burke Jr., director of SEC's Reorganization Division. This was the second up-from-the-ranks appointment in two months (first: Ganson Purcell), underlined the President's plan to make SEC a "career" agency.

Elected president of Lehigh Valley Railroad, after 40 years with Baltimore & Ohio, was veteran operations man Revelle Wilson Brown. He started as a B. & O. laborer, since 1935 has been vice president of Reading and New Jersey Central.


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