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(7035) 99.4%,
Location: Fort Lauderdale, Florida
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Item: 156227297698
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Industry:Historical
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Up for auction “Pitney‐Bowes” Walter Wheeler Hand Signed 5.35X3.25 Card. ES-4083E Walter H. Wheeler Jr., honorary chairman and director emeritus of Pitney‐Bowes, Inc., manufacturer of meters and stamping machines, died yesterday of a stroke at Stamford Hospital. He was 77 years old and lived on Sound View Avenue, Stamford, Conn. Mr. Wheeler bad been. with. Pitney‐Bowes for 55 years and was a major factor in building it into one of the country's leading corporations. Its revenues for 1973 were $384.9 million. He joined the company in 1919 as a salesman and rose from special European representative to New York manager, general manager and vice president. Mr. Wheeler was president and director from 1938 to 1960 after which he was named chairman. He retired last year. Early in his presidency, Mr. Wheeler opened the doors of Pitney‐Bowes to blacks and vigorously opposed anti‐Semitism. An advocate of profit sharing in industry, which his. company instituted in 1936, Mr. Wheeler once told the. American Management Association tna Cne sharing of profits was “the only means of tangibly demonstrating the partnership of capital. and labor” instead of merely “giving lip service to partnership,” During World War II, Mr. Wheeler spent four years with the War Production Board, first in charge of contract distribution in Washington, then for two years as its New England regional director in Boston. In 1918, at the age of 19, while a sophomore at Harvard University, Mr. Wheeler joined the American Ambulance Corps in Paris and won the Croix de Guerre for carrying the wounded safely to hospital while under heavy shellfire. The following year, he entered the Navy as an ensign and was awarded the Navy Cross for service aboard a submarine chaser. On his return to Harvard, he was elected captain of the football team. Mr. Wheeler won many sailing trophies with his 71‐foot ocean‐racing yawl, Cotton Blossom IV, which he once sailed across the Atlantic. He was a member of many national and local organizations, including the United States Chamber of Commerce, the National Urban League and the Council on World Tensions.
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