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Present owner-president of R. M. Smythe, Inc. is German-born Otto Peretz Schwarzschild, bald, brown-eyed, proud of the fact that the Schwarzschilds and the Rothschilds-were for generations neighboring banking families of Frankfurt-am-Main. Founder in 1928 of National Statistical Service, Inc., Mr. Schwarzschild still supervises the annual publication of famed, authoritative American Underwriting Houses and Their Issues. Believing that the obsolete security business begun by Mr. Smythe needs to get beyond Wall Street and the Produce Exchange into the attics and safe-deposit boxes throughout the East, Mr. Schwarzschild last week announced a campaign to arouse owners of forgotten bonds. This week Smythe, Inc.'s first traveling library will leave Manhattan in a trailer for upstate New York in charge of two young men commissioned to set up as consultants or as buyers of "cats & dogs."
-Schwarzschild: "Black Shield," Rothschild: 'Red Shield."