MARKETS: Mr. Chocolate

(See front cover)

Scene: The New York Stock Exchange.

Time: August 1937.

Chief Characters: Slow-moving, heavy-jowled Exchange President Charles R. Gay, a worried broker who means well; arrogant, handsome Richard Whitney, leader of a clique known as the Old Guard; puckish, tart-tongued SEC Chairman William O. Douglas, reputed to be a radical of the deepest dye; Brokers Paul Shields, E. A. Pierce, John Hanes and William McChesney Martin Jr., upstarts all.

As the curtain rises, President Gay is writing his annual report. . . .

Habitués of Sardi's, Broadway's theatrical rendezvous, expect some day...

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