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...Final Lines. This week Alger Hiss resigned his $20,000-a-year Carnegie post. Legal proceedings, he said, "will occupy almost all of my time for some weeks to come." The trustees tabled the resignation and gave him a leave of absence with pay for three months...

Author: /time Magazine | Title: INVESTIGATIONS: Two Men | 12/20/1948 | See Source »

Only a few weeks ago Hennessy, who has taken just three vacations in 48 years of hard work, announced that he would retire as the $85,000-a-year chairman of the Hotels Statler Co., Inc. Ever since, he has been worrying about what to do with his spare time. Accepting the Childs job, he said: "Childs . . . has a great name, but has slipped financially and in popularity. It should be brought back to its rightful place...

Author: /time Magazine | Title: RESTAURANTS: New Chef at Childs | 12/13/1948 | See Source »

Each One Teach One. The UNESCO majority, led by the U.S., got action on one point. They were determined not to re-elect Dr. Huxley to his $15,000-a-year job. To replace him for a six-year term they chose, by a vote of 30 to 3, 46-year-old Jaime Torres Bodet, Foreign Minister of Mexico. Energetic, curly-topped Torres Bodet, who speaks French, English and Spanish with equal ease, is a poet who published his first works 'at the age of 16, but is no idle dreamer...

Author: /time Magazine | Title: CONFERENCES: Without Distinction | 12/6/1948 | See Source »

Canada's brash, young (29) Irving Margolese ("Irving of Montreal"), who had parlayed a tailor shop with three employees into an estimated $275,000-a-year ski clothes business, even brought out tow capes to keep skiers warm on the cold ride up the slope. (Tow attendants will send the capes down on empty chairs.) He also went after customers with flashy tailormades up to $225. Parisian Dressmaker Carven designed "kiss-not" hoods that left an opening only for the nose and eyes...

Author: /time Magazine | Title: FASHIONS: Over the Whimsies | 11/29/1948 | See Source »

...hotels, caterers, dance orchestras, and social secretaries who conduct New York's $3,000,000-a-year debutante trade knew that debuts were not what they used to be. Parents no longer built special ballrooms on their country estates, or spent $10,000 for decorations, or hired 50-piece orchestras, or gutted Broadway's flossiest nightclubs for entertainment. Nowadays, a debutante might be charged as little as $1,000 for a dinner, $6,000 for a supper dance...

Author: /time Magazine | Title: MANNERS & MORALS: Wise Beyond Years | 11/8/1948 | See Source »

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