Finance Industry Needs Graduates, Businessmen Say

"There is a vacuum of personnel on Wall Street," stated Albert H. Gordon '23, partner of Kidder, Peabody and Co. of New York, at last night's career conference on Finance.

Gordon, Lewis B. Cuyler, vice-president of the National City Bank of New York, and Carl R. Hauers '23, second vice-president of the John Hancock Mutual Life Insurance Company, addressed a capacity crowd in the Lowell House Junior Common Room.

They discussed "Banking," the "Investment Industry," and "Insurance."

Cuyler explained that bad publicity resulting from the depression has created a situation which is not attracting college graduates into finance, thus opening more opportunities than ever before.

Hauers described the insurance business as a "steady, practically depression free business" which needs agents to replace older men.

Cuyler said graduates with A.B.'s would be given training with the company comparable to Business School training. He stated, however, that the company would "put the M.B.A. holder in a position where it could use his training more quickly."