Business & Finance: Catalyst in Steel

One day in 1925 troubled directors of Trumbull Steel Co. sat around a table and wondered where they could get money enough to put their wavering company firmly on its feet. They had been sitting for a long time without finding a way out of their difficulties when, miraculously, a taL stranger walked into their sanctum, slapped down on the table a $20,000,000 check, said, "There is my letter of introduction."

Thus did Cleveland's Cyrus Stephen Eaton, a stranger to steel men, enter a business which was no less strange to him. Once in, he stayed in; acquired a controlling interest in...

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