Saturday, May. 19, 1923
From Chicago; to Chicago
The uncertainty of who was to succeed Albert D. Lasker as Chairman of the United States Shipping Board was dispelled by an appointment. Chairman Lasker and Walter C. Teagle, President of the Standard Oil Co. of New Jersey, visited President Harding to make a suggestion. The President called in Mr. Edward P. Farley for an extended conference. Mr. and Mrs. Harding had Mr. and Mrs. Lasker and Mr. and Mrs. Farley to luncheon--and the business of appointing Mr Farley head of the Shipping Board was done.
The new Chairman of the Board is prominent in Great Lakes shipping circles. Born in Madison, Wis., he attended the state university there. Later he organized the Edward P. Farley Co., ship owners, in Chicago. During 1921 and the greater part of 1922 he served as Vice President of the Emergency Fleet Corporation, and had charge of the sale of government vessels. Last August he retired to resume private business. On June 13 he will give it up again and take over his new duties in Washington, where he is expected to carry on Mr. Lasker's policies.
Albert D. Lasker's resignation becomes effective on June 12. The Shipping Board voted him the honor, however, of being its special representative on the initial trip of the Leviathan from New York to Southampton on July 4. After that Mr. Lasker will return to Chicago--whence the new chairman comes--and again head the advertising firm of Lord and Thomas.