GOVERNMENT: Up from the Ranks

Like a casting director with one eye on the box office, President Roosevelt has picked moderately big names for SECommissioners. Last week he changed that policy. To fill the vacancy created when Jerome Frank became a Federal judge, he chose an SEC career man, scarcely known at all outside Washington and Wall Street: tall, calm, taciturn, young (36) Ganson Purcell.

Purcell is one of the second-generation New Dealers who have been quietly working with the hard facts of Government administration while older men made policies and headlines. He has been a Government man since he left Harvard Law School in...