Business & Finance: Up Stettinius

Last week a remarkable old man resigned as finance committee chairman of U. S. Steel Corp. He will be succeeded in this No. 2 job in the biggest industrial enterprise in the U. S. by a remarkable young man just half his age. The old man was William J. Filbert, bald, popeyed, secretive master of Steel's endless columns of statistics. Presumably he was 70, Steel's compulsory retirement age, since it was inconceivable that Mr. Filbert would quit voluntarily. One of the few ascertainable dates in Mr. Filbert's virtually dateless career is 1881, the...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!