HIGH AMERICAN SALARIES

Dominion, Volume 31, Issue 154, 26 March 1938, Page 8 (Supplement)

HIGH AMERICAN SALARIES

Earners of Big Money

A U.S.A, congressional committee, giving the public a look into the 1936 pay envelopes of the nation’s highestpaid industrialists, movie stars and financiers, disclosed recently that Alfred P. Sloan, jun., of General Motors, topped the list with 561,311 dollars. Thirteen men received more than 300,000 dollars each for the year, the report showed, nine being officials of the General Motors Corporation. William S. Knudsen, vice-president, ranked second to Mr. Sloan with 459,878 dollars. , n „ In the entertainment world, Gary Cooper led with 370,214 dollars. Ten movie and radio stars received more than 200,000 dollars each. Others in this group were Ronald Colman, 362,500; Claudette Colbert, 350,833; Mae West, who led the list for the preceding year, 323,333; Madeline Carroll, 287,913; Warner Baxter, 284,384; Marlene Dietrich, 269,333; Ruth Chatterton, 249,500; Charles Boyer, 249,145; and Rudy Vallee, 238,744. The report showed that 336 General Motors officials received 15,000 dollars or more, and fifty-six received at least 50,000 dollars. .Some of the other top-flight industrialists and their compensation included : Eugene G. Grace, president of the Bethlehem Steel Corporation, 180.000; Charles M. Schwab, Bethlehem board chairman, 150,000; James 11. Rand, jun., president of Remington-Rand, Inc., 118,371; Ernest T. Weir, board chairman Weirton Steel Company, 71,785. Mr. Weir w’as also listed as receiving an identical amount from the Great Lakes Steel Corporation. J. D. Biggers, president of the Lib-bey-Owens-Ford Glass Company and director of the Government’s unemployment census, received 90,000; Henry L. Doherty, utilities executive. 100,000; and W. C. Teagle, president of the Standard Oil Company of New Jersey,, 122,500.

C. W. Dayo, president of the F. W. Woolworth Company, drew 216,433, the report said, and eleven other officials of that- company received more than 50,000 each. Kenneth G. Smith president of the Pepsodent "Company, was listed as receiving 102,496; J. L. Kraft, president of the Kraft-Phenix Cheese Company, 150,000, and R. W. Woodruff, president of the Coca-Cola Company, 108,333. Seventeen officials of the du Pont companies received in excess of 50,000 dollars. Lammont du Pont, president of du Pont de Nemours and Co., received 129,406 dollars, according to the report.