The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1938-06-16
WHO'S
NEWS
THIS
WEEK
By LEMUEL F. PARTON

ny AGN1O6A Es AN ASN
PROFESSIONALLY and all that
~ may hang on it's destiny is just
an added starter in the up-and-
coming cosmos of A. w. Robertson,
chairman of the
Robertson board of the West
Has Remedy inghouse Electric
for CIoom & Manufacturing
company.
It is the always assured and hope
full Mr.. Robertson who announces his
company will spend $12 100000 on
additions and betterments this year,
and, from where Mr.. Robertson sits,
that's just a couple of white chips
compared to spendings to come.
Mr.. Robertson is the H. G. Wells
of industry. His "shape of things
to come," which he has been outlin-
ing for the last year or two, includes
the following specifications:
Migratory humans, shifting
north and south like the birds.
"Just whether the children will
be born in the North or the
South" he said, ''is not quite
clear to me, but expect we
will follow the policy of the
birds and have the children in
the North"
Windowless houses, pasteur-
lied air, and artificial sunlight.
One-man planes, with folding
wings, kept in the hall rack,
with the umbrellas.
Pocket radios for two-way
talk with anybody, anywhere.
NOiseless cities with double
deck streets.
Flat houses, with a push-but-
ton crane which will park the
the auto on the roof.
He was a farm and village boy at
Panama, New York, chore boy and
rustler in his youth and hence not
through grammar school until he
was seventeen. Then he studied law
in a country office, entered prac-
tice, got corporations for clients and
then began owning and operating
them.
At forty-six he was president of
the Philadelphia company and now
heads a $2O0,oO0,0OO company. He
pays liberal wage bonuses and
urges friendly, cooperative rela-
tionship between capital and labor.
TT WAS only a year ago that Rob-
l ert R. Young, thirty-nine-year-
old Texan, quite unknown to Wall
Street, rode herd on the straying
Van Sweringen
Young Texan system and cor.
Rode Herd on rallied it. 1t was
Rail system all bewilderingly
complicated, but,
finally sifted down, it appeared that
Mr.. Young had picked up a $3,0OO,-
100000 rail empire" with an orig
inal investment of $225, 900.
He is a quiet, inconspicuous, un-
assuming man, and now the feature
writer's are just getting around to
calling him Titan
He won a rock-and-sock
proxy battle for the control of
the Chesapeake and Ohio rail-
way. Within the last few years,
he has infiltrated gently into
high finance, which is just now
becoming acutely conscious of
his presence.
His family was in and around
Canadian, Texas, before the battle
of the Alamo. They started the
First National Bank of Canadian,
which is now in the hands of the
fourth generation.
At Culver Military academy, Rob-
ert R. Young was graduated at the
head of his class,
career at its youngest grad
CulUer Was uate, and later he
Prophetic attended the Uni
versity of Virginia.
With the Du Points in 1916, he got
his preliminary workout in finance
and joined General Motors in 1922.
In 1882, he founded his own
Wall Street firm, with Frank F.
hOlDe, MS later associate in the
Van Sweringen putsch.
Mrs. Young is the former Anita
Ten Eyck O'Keefe, of Williamsburg,
Va, sister of Georgia O'Keefe, the
painter. In 1885, they leased Beech
wood, the Astor estate, in Newport.
Mr.. Young, a Democrat, like his
father, paid $4,000 for a consign-
ment of those famous Democratic
convention books, which congress
men, badgering him at senate
hearing, insisted wasn't nearly so
much of a bargain as the Van
Sweringen deal. "You are a big
ger sucker than I thought you
were," said Senator Wheeler.
g Consolidated News Features
WNU Service.