Business & Finance: Victory

For "his outstanding achievements, modesty, exemplary character and inspiration to the Negro youth of America," Fisticuffer Joe Louis was last week made a director of Victory Mutual Life

Herbert Hoover's name also carries weight.

Insurance Co., only Negro life company licensed to do business under New York State's strict insurance laws. Engineered by his able, honest managers, the election of the world's best black boxer to the Victory board was not primarily dictated by a desire for the benefit of his business judgment, any more than was Herbert Hoover's election to the board of...

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