Business: Meyer v. Deterding

Directors of the Standard Oil Co. of N. Y., by electing Charles F. Meyer (one of their number) president last week,* emphasized a unique commercial parallelism.

Standard's great rival in the international oil markets is the Royal Dutch-Shell group, which Sir Henri Wilhelm August Deterding heads.

Both Meyer and Deterding are in their middle sixties. Meyer's ancestors were Germans. Deterding's father was a Dutch sea captain.

Both men, before they became great in the world's oil industry, kept business accounts. Meyer at 22 (in 1886) found work as bookkeeper in the old Standard Oil's Boston...

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