Business & Finance: Scotched Legend

Many are the legends of Big Business.

The following are current and recurrent: 1) Each New Year's Eve, John Pierpont Morgan summons his partners to No. 23 .Wall St., distributes gigantic checks as rewards for the year's work; 2) President Coolidge is kept busy answering appeals that he accept the chairmanship of the U. S. Steel Corp.; 3) Mrs. Frank O. Lowden, the onetime Miss Florence Pullman and daughter of Founder George M. Pullman, names all Pullman cars. For this labor, which reputedly occupies one half-hour each day, she earns either $100 a day...

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