Business: Let's Gang Up!

Edward F. ("Ned") Hutton, rich stockbroker and board chairman of General Foods Corp., likes to speak his mind on business and politics. Sometimes Mr. Hutton's phraseology lets him in for public trouble. Last summer, in sounding off against soak-the-rich taxes, he declared that today he considered himself "70% slave and 30% free." Thereupon Columnist Westbrook Pegler mused: "This undoubtedly is true on the basis of his tax returns, but there is no denying that such slavery has its little compensations. Mr. Hutton's slave quarters in Palm Beach might be called a model cabin....

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