WAR FRONT: Frank Cohen, Munitionsmaker

Frank Cohen, Munitionsmaker

A year ago, when the U.S. Government began its clumsy effort to rearm, one prominent New Dealer confessed: "I wish we hadn't knocked off all the robber barons. The country sure needs a few now."

By last week the New Dealer's wish seemed to come true in the shape of an astonishing little man named Frank Cohen. Though not exactly a robber baron, Frank Cohen is no overstuffed corporate career man either. He made his money playing shrewd angles around Wall Street. His latest angle, which is armaments, occurred...