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...middle of a press run, A.F.L. pressmen at Portland's afternoon Oregon Journal (circ. 195,150) had climbed out of their ink-stained overalls, changed into street clothes and struck for a $2.50-a-week raise. At the morning Oregonian (circ. 218,400), the pressmen also walked out. By last weekend, Portland (pop. 363,141) had been without daily papers for nine days-and it didn't like the strange experience...

Author: /time Magazine | Title: The Press: Vacation from News | 3/7/1949 | See Source »

...Palladium, he found a new girl, a dark-haired, 24-year-old ex-Toronto schoolteacher named Betty Ritchie. Little Betty Ritchie succumbed to his line and his dark good looks, moved into his apartment. To Betty, the life they led was idyllic; Dennis insisted that she keep her $40-a-week job, but he gave her a wedding ring and an old mink coat...

Author: /time Magazine | Title: CRIME: The Good Life | 2/28/1949 | See Source »

Handicap. In Redwood City, Calif., Theodore A. Fischer explained to the court that his $40-a-week alimony payments would have to be reduced, now that the police had closed down his bookmaking business...

Author: /time Magazine | Title: Miscellany, Feb. 7, 1949 | 2/7/1949 | See Source »

...Honor. In Norwalk, Conn., the city council, considering an increase in Mayor Irving Freese's $48-a-week salary, took note of the fact that he makes $2 less than the garbage collectors...

Author: /time Magazine | Title: Miscellany, Jan. 31, 1949 | 1/31/1949 | See Source »

Boston in 1920 was money-mad, and Ponzi had created the madness. Six months before, the 5 ft. 2 "Wizard of Finance" had been a $16-a-week clerk; now he was a millionaire. Ponzi promised to make everybody rich by paying 50% interest on investments in 90 days, or "double your money" in six months. His offer was incredible; but there were satisfied customers who seemed to prove his good faith. Thousands more pushed, scratched and fought their way into Ponzi's Securities Exchange Co., crying: "Take my money...

Author: /time Magazine | Title: National Affairs: Take My Money! | 1/31/1949 | See Source »

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