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...borrowed $625,000 from a friendly industrialist in connection with the purchase; that Nixon bought the property and later sold an interest in part of it to a still unnamed investment company; and that he ultimately made a good deal for himself. The industrialist-lender was Robert Abplanalp, the aerosol spray-valve tycoon. Still another of Nixon's helpful millionaire friends, C. Arnholt Smith, gained unwonted attention last week. He was in deep trouble with the Securities and Exchange Commission and the Internal Revenue Service (see ECONOMY & BUSINESS...

Author: /time Magazine | Title: THE WHITE HOUSE: Mysteries of San Clemente | 6/11/1973 | See Source »

...gadgetry and tinkering. Abplanalp studied engineering at Villanova, but dropped out to open his own machine shop. After he returned from World War II to find his shop had fallen $10,000 in debt, he slowly began to work his way out. One day, a customer brought in an aerosol spray can with an expensive but unreliable valve that had leaked. Abplanalp began thinking of ways to solve the problem, and eventually designed a new, less leak-prone valve...

Author: /time Magazine | Title: The Nation: The President's Quiet Creditor | 6/11/1973 | See Source »

...whole affair will be a showcase of the nation's wealthiest men. Nearly all of Nixon's friends with big bank accounts will be there, including his Florida neighbor Bebe Rebozo, Chicago Insurance Tycoon and Republican Campaign Contributor W. Clement Stone, and Robert Abplanalp, a manufacturer of aerosol valves. It will be a celebration of Middle America and the successful men it has produced. For those taking part, it will be a ritual of satisfaction, a three-day dance to affluence and the American dream...

Author: /time Magazine | Title: THE CAPITAL: Celebration in Washington | 1/22/1973 | See Source »

...Indian militants who gathered in Washington to demonstrate for needed changes in federal policy is another indication that the old era of pride has given way to a new-and surprisingly delayed-period of violent protest. Offices were torn apart, furniture was smashed, the walls were covered with aerosol-can graffiti; typewriters, books and some 600 paintings were simply stolen. Now that the full extent of the damage has been revealed ($2,280,000 worth, by the Government's reckoning), moderate Indian leaders are outraged and fearful of a backlash that could hurt the entire Indian movement...

Author: /time Magazine | Title: The Nation: So Long, 1792 | 11/27/1972 | See Source »

...famous department store on Red Square, the selection of clothing has expanded, though the prices remain high. The store even stocks such exotic merchandise as $30 wigs, spear guns, flippers and skin-diving masks. GUM's hottest item: "Charm" hair spray, selling for one ruble ($1.46), per aerosol...

Author: /time Magazine | Title: The Nation: A View of Moscow: Then and Now | 6/5/1972 | See Source »

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