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To the directors, particularly the bankers who were on the board ostensibly to protect investors, Mr. Catchings' testimony was embarrassing. First to make rebuttal was Smith, Barney & Co.'s John Wilson Cutler, who was a member of the board until 1937. Mr. Cutler said he thought that Mr. Catchings was trying to catch a job for himself "and the directors were not agreeable."
Suggested Inquisitor McCall: "You had a tough choice between him and Coster, didn't you?"
"Looking back—yes," said Mr. Cutler sourly.
* Elected president of McKesson & Robbins fortnight ago.