National Affairs: High Reach, High Mark

"As for myself," wrote the president of the $35 million North Carolina Mutual Life Insurance Co. in 1948, regarding his tour of 15 European countries, "I shall always feel grateful that my ancestors were transplanted to North America. It is the best place in the world that I have found to live and leave one's mark." The president's name was Charles Clinton Spaulding. Last week, at the age of 78, he died in Durham, N.C. And the mark he left was a high mark, made with a very long reach, for Charles Spaulding was...