Business: Lifer Hoover

In the heavily tapestried, rococo boardroom of the 34-story New York Life Insurance Building in Manhattan, Director Alfred Emanuel Smith leaned forward in his chair one day last week and said in a firm clear voice: "I move to adopt the committee's report nominating Mr. Hoover." With a single chorus of "Ayes" all gentlemen present thereupon voted to elect Herbert Clark Hoover a director of New York Life, succeeding the late John E. Andrus (TIME, Jan. 7). From Chicago where he was transacting private business on one of his infrequent trips east from...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!