Successful industrialist who began as a stake driver in the engineering gang of Carnegie Steel Co. and eventually became its president; he also became president of the U.S. Steel Corp. and the Bethlehem Steel Corp. TLS signed “C. M. Schwab,” one page, 8.5 x 11, December 2, 1931. Letter of thanks to Miss Cobina Wright of the Sutton Club. In part, ”I am not as young as I used to be and have been endeavoring to withdraw from various clubs and organizations with which I have been connected, so that it would therefore be difficult for me to take on anything new in this direction.” In fine condition, with light wrinkling and intersecting folds. RRAuction COA.