American steel magnate (1862-1939) whose Bethlehem Steel became the second largest steel maker in the United States, and one of the most important heavy manufacturers in the world. Vintage sepia matte-finish 6 x 9 portrait of Charles Schwab by the famed Pirie MacDonald Studio of New York, affixed to the original 11 x 15.5 studio mount, signed and inscribed on the mount in fountain pen, "To Hugh Weir, with sincere regards, C. M. Schwab," who adds the date to the left, "Dec. 20th 1928.” Lower right of photo bears the studio mark, with reverse of mount listing various awards won by the Pirie MacDonald Studio. In very good to fine condition, with soiling and foxing to the mount, and some light silvering to the image.
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