Personnel

P: Atop a pinnacle of Wall Street power in 1930 sat Albert Henry Wiggin, chairman of the governing board of Chase National Bank, world's largest. Trailing down from this august height was a vast hierarchy of 85 directors, 80 vice presidents, 72 second vice presidents, a cashier and 107 assistants, two comptrollers and six assistants, 41 assistant trust officers, 31 assistant managers and some 8,000 employes. The president of Chase Bank held a relatively "minor" job, being outranked not only by Mr. Wiggin but also by the chairman of the executive committee and the chairman and vice chairman of the board of directors. Mr. Wiggin has been ousted by Chase National's biggest stockholder, John Davison Rockefeller Jr. President Wlnthrop Williams Aldrich is now also chairman of the governing committee. But still wedged in between Mr. Aldrich as undisputed boss and Mr. Aldrich as president are Chairman of the Executive Committee John McHugh and Board Chairman Charles S. McCain. Last week Mr. McHugh, who used to be a big banker in Sioux City, and Mr. McCain, who used to be a big banker in Little Rock, announced that they were resigning their Chase jobs at the annual meeting this month. Mr. McCain will become president of United Light & Power, of which Chase Bank owns working control. H. Donald Campbell, a public relations man, will be upped from senior vice president to president of Chase.

P: James Brown retired last week from the firm of Brown Brothers, Harriman & Co. Great-grandson of the founder of the old banking house of Brown Brothers & Co., he is president of the New York State Chamber of Commerce. His retirement leaves only one Brother Brown in Brown Brothers, Harriman & Co.--Thatcher Magoun Brown.

P: Many a celebrating citizen gulped an aspirin tablet on New Year's Day without any idea of whom to thank for the relief. Few days later in Rensselaer, N. Y., the man who introduced aspirin to the U. S. on a commercial scale retired from the active management of Bayer Co. Dr. Emmanuel von Sails, a Swiss from Basle, came to the U. S. during the Spanish War, went to work for a chemical concern in Rensselaer. In 1904 he persuaded the company to start making and marketing acetyl salicylic acid tablets, which were well known in Europe. In 1913 the plant was purchased by Friedrich Bayer, manufacturing chemist from Germany. During the War Bayer Aspirin Co. was seized by the Government as alien property, sold to Sterling Products Inc. Sterling took Bayer Co. into Drug, Inc., took it out again when Drug was resolved into its component parts last summer (TIME, July 10). But throughout all these adventures in corporate control, Dr. von Salis continued to make aspirin.

P: To succeed its two top men who died during 1933, President Edwin Gruhl and Chairman Frank L. Dame, North American Co. last week picked James F. Fogarty, 45, a vice president, director and member of the executive committee. Utilitarian Fogarty entered North American as a stenographer in 1902.

P: Grover Aloysius Whalen might be the silk-smooth head of the New York City Mayor's reception committee and he might be James John ("Jimmy") Walker's dashing Police Commissioner and he might be City Administrator of the NRA but New Yorkers always knew that his real job was general manager of Manhattan's John Wanamaker department store. Last week Grover Whalen suddenly resigned as Wanamaker's general manager and NRAdministrator to become board-chairman and merchandising expert of Schenley Distillers Corp. and affiliated liquor companies.

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