Last month, in Gowanda, N. Y., died a man who had made between $18,000,000 and $25,000,000 out of glue. His name was Richard Wilhelm, and few people outside Gowanda had ever heard of him. Except for a few shares of preferred stock, he owned Peter Cooper Corp. outright, and that company makes more animal glue (a $17,000,000 a year business) than all its competitors combined.
Richard Wilhelm's glue did not make his company famous because the general public never bought it. Stronger than fish glue (LePage's, etc., for the home) and vegetable glue (for envelopes), animal glue is used by...
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