Business & Finance: Franklin Under

Framed on the wall of an office which overlooks an ivy-covered factory in Syracuse. N. Y. is a homely slogan writ large in the hand of the founder-president of H. H. Franklin Manufacturing Co. Last week for the first time in the 33 years that Herbert Henry Franklin has been making air-cooled automobiles, the aging motor pioneer had cause to doubt his slogan. For three years he had doggedly fought off failure. He had cajoled his bankers into renewing and renewing bank loans which were thrice his company's current assets. Reorganization plans had fallen...

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