Monday, Jun. 30, 1941

Changes Made

If OPM is ever to function efficiently, it must work through committees of working businessmen (on priorities, inventory control, etc.). Many industries have such committees, but so far only in steel, oil and the electric-supply industries have such committees any close tie with OPM. This week, to organize and deal with these industry committees, OPM named no industrialist, but small, gossipy Sidney James Weinberg, partner-on-leave from Goldman, Sachs & Co., some of whose friends call him Wall Street's Walter Winchell.

> Once again choosing a railroader to direct its affairs, Western Union elected Albert Nathaniel Williams, president of the Lehigh Valley, as successor to ex-Railroader Roy Barton White, who has knocked off the "ex" by accepting the presidency of Baltimore & Ohio. A rodman at 16 and a graduate of Sheffield Scientific School, Williams takes over Western Union at a time when a merger with Postal has been verbally approved by all interested parties except labor and Western Union.

> Appointed director of the trading and exchange division of SEC, succeeding Commissioner Ganson Purcell, was James A. Treanor Jr., up from SEC's ranks. He practiced law in Boston until 1933, went to Washington in the NRA era, later directed FCC's telephone investigation.

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