Corporations: A Fair Share of Trouble

The theme of the New York World's Fair, displayed on everything from the memo pads of its officers to the Unisphere, is "Peace Through Understanding." But peace and understanding theoretically begin at home, and there has been precious little of either among the fair's top officials. Last week five of the nine Manhattan bankers in the fair's finance committee resigned, charging that they were kept ill-informed about the fair's finances and implying that the fair is in financial trouble.

"By remaining on the committee," said Committee Chairman George Moore, president of the First National City Bank, "we would permit...

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!