Business & Finance: American Tragedies

Gary, Ind., is essentially a steel city, its murky horizon is sliced jagged by towering smokestacks. An efficient Chamber of Commerce boasts to visitors that Gary has 515 acres of golf links, parks and playgrounds, a $1,000,000 community Church, a model public school plan. The visitor will listen politely. But he will always remember Gary as a grey city of steel and flame and smoke. At No. 1112 Broadway, Gary, a few blocks from the business district, is Central Trust & Savings Bank. Its location is in that part of Gary known as "across...