Business & Finance: Magneto Man

Celebrated in Stuttgart one day last week with the fanfare appropriate to one of Germany's leading corporations was the 50th anniversary of the founding of Robert Bosch A. G. Happily the date coincided with the 75th birthday of its benevolent, snow-bearded founder, the man whose name throughout the mechanized world means magneto.

In Stuttgart, which Robert Bosch has showered with benefactions, the Bosch birthday is practically a municipal holiday. Last week in the best Nazi style his workers gave him a monster mass reception, which the aging tycoon thoroughly enjoyed. Vigorous, he still...

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