Ruml Plan for Macy's?'

One of the world's biggest department store chains last week promoted one of the world's biggest and best idea men. Into the board chairmanship of Manhattan's R. H. Macy & Co., Inc., went ebullient, 240-lb. Beardsley Ruml, father of the pay-as-you-go income tax, the Ruml-Sonne tax plan, etc., and longtime Macy treasurer.

Ruml's new assignment will be to deal with "policy matters"—meaning that Macy's wanted some Ruml plans of its own, and was giving him a chance to operate on a far broader scale than he could as treasurer. Even within these limits, Ruml has already thought up several plans...

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