International: Brokers v. Taxes

One morning last week President Richard Whitney* of the New York Stock Exchange, Vice President Charles G. Taylor Jr. of Metropolitan Life (world's biggest), President Henry Bruere of Bowery Savings Bank (world's biggest), Joseph P. Day, if not the world's biggest, easily the world's most famed realtor, and many another tycoon of finance were to be found in the aldermanic chamber of Manhattan's City Hall. They were there to testify, not under subpoena, but on their own initiative—to argue with Samuel Untermyer, baiter of stock exchanges and great corporations. Mr. Untermyer had them at a disadvantage for he was there as...

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