The name Charles Schwab evokes images of stocks and bonds and one of the more successful discount brokerage firms in the nation. Nearly a century ago, the same name conjured images of red-hot beams of steel rolling out of smoke-belching mills and of two of the largest steel companies on Earth. The story of Charles M. Schwab, the steel titan, is a classic tale in the Horatio Alger mold, with a touch of Greek tragedy. Schwab attended school in Williamsburg, Pa., where he was born Feb. 18, 1862. One teacher noted that Schwab “never said ‘I don’t know.’ He went on the principal of pretend that you know and if you don’t, find out mighty quick.? When Schwab was 12, the family moved to Loretto, a town of 300. His father got a contract to carry the mail, so Schwab dropped out of school to drive his father’s wagon, picking up and delivering mail, and sometimes passengers. There was little time for play and less money for toys. One Christmas, he only got a marble in his stocking. And the prospects for a bright future in Loretto were rather dim.