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HUTCHINS SURPRISES WALL ST. NEW YORK, N. Y., Dec. 17. Robert M. Hutchins, president of the University of Chicago, today handed in his resignation as a public governor of the New York Stock Exchange, a post to which he was appointed September 28 last. Dr. Hutchins resignation took Wall Street by surprise and came as a direct result of the decision of the stock exchange governing committee to consider the Richard Whitney case a closed book. Dr. Hutchins is understood to have been the only dissenting voice to the exchanges decision. Dr. Hutchins wanted the stock exchange to re-open the case, conduct its own proceedings and then arrive at its decision on whether any of the stock exchange members and firms involved should be disciplined.
