Document 44b05QnEwrKXO7vgo2z3J941Q

FILE NAME: JP Morgan (JPM) DATE: 1951 DOC#: JPM001 DOCUMENT DESCRIPTION: NYT Obituary - Lewis H. Brown L E W I S H. B R O W N , 57, I N D U S T R I A L I S T , DIES (1857-Current file); Feb 27. 1951; ProQnest Historical Newspapers The New York Times (1851- 2003) PE- 25 LEWIS H. BROWN, 57, INDUSTRIALIST,DIES Chairman of Johns-Manville Corp. Was on Advisory Unit to Stabilization Administrator _ Lewis H. Brown, chairman of the board of Johns-Manville Cor poration, died yesterday of a heart ailment at Delray Beach, Fla. His age was 57. He went to Florida from his home in Deer Park, Greenwich, Conn., a few days ago,. Mr. Brown, who was named chairman of Johns-Manville on Sept. 10, 1946, was one of the country's leading exponents of con servative monetary policies. He was a member of an advisory com mittee named Feb. 7 by Eric A. Johnston, Economic Stabilization Administrator, to aid in solving stabilization problems. In 1947, at the request of Gen. Lucius D. Clay, then commander of the military government in the United States zone in Germany, Mr. Brown made a tour of inspec tion in Germany and recommended as a first step toward bringing about German recovery, the "eco nomic reconstruction of Western Germany as a whole." Born at Creston, Iowa, son of Lewis Henry and Arminta Cole Brown, Mr. Brown attended Iowa State University. To finance his college course, he worked as a li brarian and research assistant at the State Historical Society. He was graduated with an A. B. de gree in 1915, joined the First Of ficers Training Camp at Fort Ben jamin Harrison, Ind., obtained a commission and served in the American Expeditionary Force in France as a captain during the first World War. Began as Paper Salesman LEWIS H. BROWN Harris & Ewing Mr. Brown started his business career in the sales department of the Fort Wayne (Ind.) Corrugated Paper Company at 515 a week. Two years later he was assistant to the sales manager. Subsequently, he joined Mont gomery Ward & Co. in Chicago and within eight years became assist ant general operating manager of all of the company's plants. When T. E. Merseles, Montgomery Ward president, was named president of the Johns-Manville Corporation in 1927, he took Mr. Brown with him as his assistant. Upon the death of Mr. Merseles in 1929, Mr. Brown was named president, a post he held until he was named chairman of the board. During the second World War Mr. Brown served as an adviser to Lieut. Gen. Levin Hicks Campbell Jr., Chief of Ordnance of the Unit ed States Army. He received the Medal for Merit for this service. Mr. Brown was regarded in business circles as one of the lead ers among industrial executives who hold that business manage ment is a trusteeship. This princi ple, which hs announced in 1929, was embodied by him in a report called "Creed of Management" and presented at the Seventh Interna tional Management Congress in Washington in 1938. The Franklin Institute of the State of Pennsyl vania awarded to Mr. Brown in 1939 the Vermilye Medal for "out standing contribution in the field of industrial management." Served Employment Group Mr. Brown was a director of the Federal Reserve Bank of New York and the American Telephone and Telegraph Company. In 1929, he was chairman of the Noise Abate ment Committee of New York, and he was a member of the Presi dent's Emergency Committee for Employment in 1930 and 1931. He also had been a director of the New York World's Fair and at one time was director of the Na tional Conference Board. Last year Mr. Brown, with thirty-two other notables, organ ized the Committee on Present Danger. The purpose of this non partisan group was to give contin uing attention to the peril facing the American people at this time. In a report published in December, this committee scored Russian ag gression and suggested military measures to meet Soviet Union aggression. Mr. Brown also had been gen eral chairman of the twenty-third and twenty-fourth Annual RollCalls of the New York Chapter, American Red Cross, and was chairman of the Citizens War Re lief Committee of the New York Chapter of the Red Cross during its special drive in 1940. He served as a member of the lay council of the New York Academy of Medi cine. Surviving are his widow, the former Mary A. Allen, and three daughters. Mrs. Roselind B. Town send of Greenwich, Conn.; Mrs. William H. Sweney Jr. and Mrs. C. E. Bayliss Griggs, both of St. Paul. Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.