In November of last year, CLARENCE B. RANDALL, formerly president of Inland Steel,visited the Republic of South Africa, where he met with the leaders of all the racial groups.On his return he wrote some of his reflections in the article which follows. Mr. Randall’s new book, SIXTY-FIVE PLUS,has recently been published by Atlantic-Little, Brown.
The former president of Inland Steel Company, CLARENCE B. RANDALLhas for some years served as special assistant to President Eisenhower in the area of foreign economic policy, and at intervals he has found time to write the books which have made him many friends in this country, A CREED FOR FREE ENTERPRISE;his autobiography, OVER MY SHOULDER; and THE COMMUNIST CHALLENGE TO AMERICAN BUSINESS.
Chairman of the board of Inland Steel and for five years its president, CLARENCE B. RANDALLwas projected into international affairs when Paul Hoffman invited him to be the steel consultant for ECA in its first year. Under the Eisenhower Administration Mr. Randall has served as chief of a special mission to Turkey and as presidential assistant on foreign policy.
Chairman of the Board of Inland Steel and for five years its President, CLARENCE B. RANDALL was projected into international affairs when Paul Hoffman invited him to be the Steel Consultant for ECA in its first year. This assignment brought Mr. Randall into close association with the steel masters on the Continent and in Britain; and with this experience he is well qualified to evaluate our investments abroad. The trenchant article which follows was written on his return from Turkey this September. Atlantic readers who enjoyed Mr. Randall’s book, A Creed for Free Enterprise, should watch for its sequel, Freedom’s Faith, which has just been published.
CLARENCE B. RANDALL has been with the Inland Steel Company since 1925, and since 1949 has been its President. He was invited by Paul Hoffman to be the Steel Consultant for ECA in its first year. This brought Mr. Randall into close association with the steel masters on the Continent and in Britain, and has enabled him to speak with more than usual authority for the American system of private enterprise. His book A Creed for Free Enterprise was published last summer under the Atlantic Little, Broun imprint.
CLARENCE B. RANDALL,who graduated from Harvard in 1912, has been with the inland Steel Company since 1945 and since 1949 has been its President. He was invited by Paul Hoffman to be the Steel Consultant for ECA in its first year. This brought Hr. Randall into close association with the steel masters on the Continent and in Britain and has enabled him to speak with more than usual authority for the American system of Private Enterprise. The paper which follows is to be part of a book: Mr. Randall is now writing for the Atlantic.
President of Inland Steel since 1949, CLARENCE B. RANDALLwas invited by Paul G. Hoffman to be his steel consultant in the first summer of ECA. As such, Mr. Randall enjoyed close associations with the steel masters on the Continent and in Britain — associations which he renewed when the Schuman Plan was first announced and again this summer when he studied the fifty-year pact now ready for ratification by the member nations.
In Chicago last June the U.S. Chamber of Commerce held a conference in which a number of executives were invited to ”explain" their particular business. CLARENCE B. RANDALL,who has been President of Inland Steel Company since 1949, spoke without notes but with such sharp effect that his words found immediate reverberations in the Chicago press. Mr. Randall served as Paul Hoffman’s adviser on steel in the early days of the ECA. He has seen at first hand the cartels of Europe and the effects of socialism in Britain, and he believes the time has come for capitalism to go on the offensive. Here is what he said in Chicago.
The Schuman Plan is the boldest, most hopeful proposal for Franco-German coöperation that has been made since 1870. But on what business philosophy shall the plan be developed? Will it follow the cartel controls which uere repugnant to us in Germany? Will it protect the competition and enterprise to which we and the Benelux nations are accustomed but of which the British Labor Party disapproves? These questions are vital to American industry. They are here presented by CLARENCE B. R ANDALL, who served as Steel Consultant to ECA in Paris in 1948 and who in April, 1949, became the President of Inland Steel after twenty-four years in its service.
A graduate and Overseer of Harvard University, CLARENCE B. RANDALL is Vice-President of the Inland Steel Company and widely recognized for his authoritative knowledge of the iron deposits here and abroad. Aroused by the report that the high-grade ores were being exhausted in the Mesabi range, Mr. Randall, at the Atlantic’s invitation, carried out an unsparing survey of our iron resources, with results which are decidedly reassuring to every American with an interest in our heavy industry.