Portrait of Eugene Gifford Grace, by Frank O. Salisbury.
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Oil on canvas portrait of Eugene Gifford Grace.

Credit: Courtesy of Lehigh University, Bethlehem, PA

One of Charles Schwab's, "Boys of Bethlehem", Eugene Grace served as president of Bethlehem Steel Company from 1916 until 1945. Taking up predecessor Charles Schwab's credo, "Always more production", Grace tripled the company's steel output during World War I. Bethlehem's prodigious output during World War II, when Grace exceeded his promise to President Roosevelt of "a ship a day", secured his company's prominence in the post-war years as one of the largest steel producers in the world.

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