CORPORATIONS: End of a Legend
In a remote backwoods fishing camp near Quebec's Baie des Chaleurs, a big-business phenomenon came to an end last week. George Washington Hill (TIME, Sept. 9), 61, president of American Tobacco Co., died of a heart attack.
Hill had devoted his whole life to his company (Lucky Strike, Bull Durham, Pall Mall) with a fanaticism which a former associate once described as being "like a missionary's devotion to Jesus." The cigaret-smoking world was his oyster, and he irritated it into producing rich profits. In his 20-year tenure as American Tobacco's president, he...
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