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There was no denying the fever. Last week the chart of the nation's inflated economy spurted higher & higher. Wholesale prices reached a new postwar top (59.2% above the base year of 1926), after three weeks of record-breaking climb. For the second month in a row, average factory wages passed the $50-a-week mark, to a new record...

Author: /time Magazine | Title: THE NATION: Chills & Fever | 12/8/1947 | See Source »

...found what he wanted in a mild young man named Bleriot H. Lamarre, a $28-a-week bookkeeper married to a handsome brunette named Mildred Readnower. Mildred had been Benny Meyers' secretary at Wright Field. Bookkeeper Lamarre became Aviation Electric's new president. But he was boss on the letterheads only; Meyers told him what to do and how much to pay himself ($38 a week...

Author: /time Magazine | Title: INVESTIGATIONS: Rotten Apple | 12/1/1947 | See Source »

Magic carpets and wishing lamps are hard to come by these days in London's middle-class Fulham. Nevertheless, pretty, honey-blonde Katherine Scott had no intention of living out her years in Marville Road and some day marrying a young shipping clerk or a ?5-a-week railroad carter like her father. One glamorous day, when Cinemactor Ray Milland came to London, 16-year-old Katherine wangled an interview with him and Ray promised to get her a screen test. Katherine told all her friends, and the garish News of the World sent a photographer around to take...

Author: /time Magazine | Title: Foreign News: Scheherazade in Fulham | 10/6/1947 | See Source »

Destiny's Boy. Squatly handsome Gordon McRae, 26, believes that his career as a crooner was predestined: "I'm a very religious guy, you know. I believe that everyone has his own niche. . . ." From Deerfield Academy, destiny took Gordon to NBC as a $16-a-week pageboy. But he did not get very far, so the story goes, until CBS Board Chairman William Paley heard him sing...

Author: /time Magazine | Title: Radio: Languor, Curls & Tonsils | 9/15/1947 | See Source »

Expensive Bargains. Sophie designs by telling one of her $125-a-week modelmakers exactly what she wants. To save money, a "mockup" of the dress is usually made first, in cheap muslin. When this is satisfactory, the muslin serves as a pattern. Compared to her costs, Sophie's selling prices of $255 to $1,500 are comparatively modest. Example: in her most expensive evening dress, the ermine trim alone cost $500, the chiffon another $76, overhead and workmanship, $294. With the markup of 42%, the selling price...

Author: /time Magazine | Title: FASHION: Counter-Revolution | 9/15/1947 | See Source »

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