In 1930 William Bishop Warner and Lionel J. Noah did not become masters of American Woolen Co. for love of the woolen business, for a desire for higher salaries, or even for the honor of running (he biggest woolen company in the U. S. Mr. Warner, an expert on merchandising and style promotion, had a good salary and plenty of honor as president of McCall Corp. Mr. Noah was said to be getting $50,000 as vice president of Gimbel Bros., Philadelphia. The thing that clinched their bargain with American Woolen was the right to...
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