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...equipment and adding machines. Later he was promoted and operated a tramp steamship line, finally became interested in Texas power companies. The system he built up was shrewdly sold to Samuel Insull before 1929. Today he owns hotels, ice companies, Mexican power companies, does large-scale entertainment on his Anacacho Ranch at Spofford, Tex. Jowled, powerfully-built, 53, he is suspicious of the Press, which he thinks mistreated him in London three years ago (TIME, June 26, 1933). To newshawks last week he drawled: "A Federal Reserve Board membership is not a talkin' job." He is rated a strictly...

Author: /time Magazine | Title: Business: Banks & Brakes | 2/10/1936 | See Source »

TIME neglected any mention of the splendid entertainment at Anacacho Ranch, the beautiful estate of Ralph W. Morrison 50 miles from the Mexican border. It was here that Will Rogers put on a real rope-twirling show:, taking a glass out of Amon Carter's hand and throwing Airman Vidal and Treasury-man Roberts, two former football stars. Here also Jim Farley rode a horse for the first time, he said, in his life, getting on with some difficulty while a secretary held his watch. Will Rogers rode the same horse, Edna May's King, retired undefeated champion...

Author: /time Magazine | Title: Letters, Nov. 13, 1933 | 11/13/1933 | See Source »

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