In the post-office in Algonac, Mich., sits Chris Smith, chewing tobacco, swapping stories with his small-town cronies, whittling small models of boats. He is founder, and his son Jay is president of the largest mahogany motorboat company in the U. S.* Last week Chris Smith & Sons Boat Co. had cheering news for President Hoover and his industrial conferees: the company had just received the first order in the history of the industry for a solid trainload of motorboats. Fifteen carloads of Chris-Craft boats, with a factory list value of $115,000, were ordered...
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