"Once again, Mr. Taylor and I have been able to render a service at a time when it is in the national interest and in a manner that has secured the gracious approval of the President." So John L. Lewis graciously announced to newsmen.
Myron C. Taylor, who stood beside him, did not bat an eye. A few days before, Lewis had described the former Chairman of the Board of U.S. Steel as a stooge of J. P. Morgan. Mr. Taylor's status had changed. Now he was, Lewis proclaimed, "an industrial statesman." Mr. Lewis bowed as he said it.
Imperturbable Mr. Taylor returned...

