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Lot #417
Charles M. Schwab

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Estimate: $200+
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Description

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. TLS signed “C. M. Schwab,” one page, 8.5 x 11, personal letterhead, May 15, 1935. Letter to Elmer M. Daily, president of the Middle Atlantic League. In full: "Yours of the eighth received, enclosing baseball passes for the season 1935. I thank you very much for your kind thought of me, and wish you all the best of luck." In fine condition. Believing that athletics made for happier, healthier workers, Schwab had established an internal baseball league among six of his east coast plants: Bethlehem, Lebanon, Steelton, Wilmington, Fore River, and Sparrows Point. The Middle Atlantic League was a lower-level minor league circuit in action from 1925 through 1951, with several teams in Schwab's native Pennsylvania.

Auction Info

  • Auction Title: Fine Autographs and Artifacts
  • Dates: #531 - Ended July 11, 2018





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