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...beaming man from Nicetown, life has become a lot nicer than it used to be in the old "bus-league" days. With his $45,000-a-year Dodger salary, plus $10,000 or so more from his Harlem liquor store and some extra folding money from cigarette endorsements, Campy can afford steak every day instead of bologna...

Author: /time Magazine | Title: Sport: Big Man from Nicetown | 8/8/1955 | See Source »

...Public Utility Holding Companies Act. Louis Wolfson and friends bought control (46.5% of the shares) for $2,189,160. Capital Transit was a conservative old company, with a fund of more than $6,000,000 set aside for a rainy day. Since 1942, it had been paying a $2-a-year dividend, but dwindling earnings had forced it to cut its dividend to 50?. Wolfson immediately restored the $2 dividend, paying out a total of $480,000 to himself and other stockholders the first year, though the company netted only $332,000. By 1951 the dividend had been doubled...

Author: /time Magazine | Title: HIGH FINANCE: Strike Against Wolfson | 7/18/1955 | See Source »

...regarding businessmen in Government has grown muddled. The original conflict-of-interests statute, enacted in 1917, has been enforced sometimes, disregarded at other times, depending on the political climate. In 1949 the Senate refused to confirm Carl Ilgenfritz to the $14,800-a-year post of Munitions Board chairman on the ground that Ilgenfritz refused to relinquish his regular $70,000-a-year salary as a vice president of U.S. Steel...

Author: /time Magazine | Title: WITHOUT COMPENSATION.: Unpaid Businessmen in Government | 7/18/1955 | See Source »

...relations job with United Broadcasting Corp. As he hurdles tricky interviews in the company's Rockefeller Center headquarters, Tom feels that even the brass-colored elevators carry the intriguing musk of big money. The scent is headiest around U.B.C.'s self-effacing but all-powerful $200,000-a-year president, Ralph Hopkins. It is to Hopkins that Tom is assigned as unofficial braintruster, ghostwriter and aide...

Author: /time Magazine | Title: Books: Slipped Disk | 7/18/1955 | See Source »

...service abroad on behalf of the Kremlin. As sometimes happens, he triggered a chain reaction of disclosures about other people. Almost all had been or were still connected with the business of reporting the news, like the witness himself: Winston Burdett, 41, now a $20,000-a-year Columbia Broadcasting System radio and TV commentator...

Author: /time Magazine | Title: INVESTIGATIONS: The Eagle's Brood | 7/11/1955 | See Source »

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