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When Hearst Columnist Walter Winchell had a relapse last month, after doctors had ordered "a complete rest" (TIME, Feb. 4), his column dropped out of some 600 papers, and he discontinued his Sunday night broadcast. Last week Winchell's $500,000-a-year radio contract with Warner-Hudnut, Inc. was canceled...
...Washington, the President signed a special bill granting permanent U.S. residence to Vienna-born Rudolf Bing, $35,000-a-year manager of the Metropolitan Opera, and his Moscow-born wife Nina, naturalized British citizens who have been living in the U.S. on temporary visas since...
...with a ?15 ($42) bonus. There was ?2 extra for each of the winners to augment their weekly pittance of ?14, standard salary for all first-division players, regardless of ability. The money would hardly pay the fishing-equipment bill of the Boston Red Sox's $125,000-a-year outfielder, Ted Williams...
...breakdown of its costs. Says Steele: "They were operating by gazing into a crystal ball." Steele brought in a bunch of old Coca-Cola hands, set up a detailed method of cost accounting. He slashed costs by eliminating executive bonuses (he incorporated his own in his $96,000-a-year salary), whacking out dead wood, liquidating expensive sales con tracts, and cutting out the company's scholarships and art contests. He also lopped off a bottle-cap factory and a Cuban sugar plantation, because "our business is selling Pepsi." Steele won favor with bottlers with a new national...
Sentenced last week: James J. Moran, onetime first deputy fire commissioner of New York, for perpetrating a $500,000-a-year shakedown of the big city's oil-burner contractors (TIME, Feb. 18). His punishment: 15½ to 25 years. Still a mystery: what Moran did with some $300,000 in untracked graft money, which he refused to discuss...