Word: stettiniuses
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...corporation to ride out Depression without seriously depleting its treasury. Second was a vast program of plant improvement still in progress. Third was to pension off an army of aging executives, re-peopling Steel's offices with smart young men, of whom the most notable was Edward Riley Stettinius, son of the late Morgan partner. Now only 34 and vice chairman of the omnipotent finance committee, Steelman Stettinius was supposed to have been hand-picked as a likely future head for U. S. Steel...
...original J. P. Morgan. Today, as from its beginning, Morgan men sit prominently on the board of U. S. Steel. Last week one more Morgan man, not a partner but a son of the House, was chosen to help mold the destinies of Steel. His name is Edward Riley Stettinius and he has, by reputation, the driving power of a locomotive...
...original Edward Riley Stettinius was a matchmaker (president of Diamond Match) from St. Louis who was picked by the House of Morgan to buy supplies for the Allies before the U. S. entered the War. He did so well that in 1916 he was made a Morgan partner. He, too, was known as a driver. After the U. S. entered the War he became one of Bernard Baruch's big right hands in getting U. S. War supplies, and later Assistant Secretary of War. When he died in 1925, he left a widow with a "show place" at Locust...
...mysterious Mr. Filbert, master of so many columns of figures, but it is a fact of record that he got his first job with the Chicago & Northwestern Railway 52 years ago. The presumption is that he is in the 65-70 year bracket, will soon retire, that young Mr. Stettinius will within a reasonably short time become in fact Steel's "Mr. Statistics." Even before then he will probably become one of Steel's 15 directors along with J. P. Morgan, Thomas W. Lamont, Myron C. Taylor, James A. Farrell, George F. Baker, Walter S. Gifford and Sewell...
Besides using Edward Stettinius as liaison man with the tycoons, and Attorney General Cummings as a bear to chase industries from behind, General Johnson engaged Charles F. Horner of Kansas City to work up enthusiasm for co-operation with the Recovery Administration. During the War Mr. Horner helped organize the "Four-Minute" men for selling Liberty Bonds. Like his old, his new job is to select a Recovery Act symbol for display in store windows and on factory chimneys, to make propaganda for public support...