Business: Death & Disgrace

Among the 181 U. S. citizens listed last month by the Senate Munitions Committee as having an annual income of $1,000,000 or more during the War was George Francis Johnson of Endicott, N. Y. A sandy-haired man of 77, George F. Johnson is chairman of Endicott Johnson Corp., second biggest shoe manufacturer in the U. S. Once an $18-a-week worker in the factory he now owns, President Johnson is conspicuous among tycoons for his liberal and friendly labor policy. Every time a baby leaves one of the three company-owned maternity hospitals, it...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!