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Joint Account. As superfamilies go, the Mellons are remarkably unknown to the public. Thomas Mellon, the paterfamilias, worked his way to a law degree at the Western University of Pennsylvania (now the University of Pittsburgh) by doing odd jobs and tutoring less apt students. Soon after hanging out his shingle, he concluded that there was more money to be made in investment than in litigation. In 1870, he opened his own bank, T. Mellon & Sons. Tall, thin and austere as a Grant Wood painting, he wore high starched collars when lesser men had long since moved to sack suits...

Author: /time Magazine | Title: The Rich: Back to the Quid Sod | 6/28/1968 | See Source »

...Lowry died in England at 47 after one of his legendary drinking bouts. The coroner's euphemism-"misadventure"-seemed curiously apt. Yet Lowry's struggle with his demons (including a suicide attempt in 1946) had been more productive than was generally known. Among three unfinished novels, six or seven unpublished stories and hundreds of poems, he left 705 pages of typescript, which Lowry's second wife, Margerie Bonner Lowry. and Editor Douglas Day have now wrestled into book form...

Author: /time Magazine | Title: Books: Death of the Optimist | 6/28/1968 | See Source »

...their teachers, few return with their parents, and still fewer poor adults come in alone. To open their eyes, white administrators are now taking art to the ghettos with branch museums or art-mobiles. Often, they find whole streets in Harlem covered with murals by amateurs. Near by are apt to be makeshift art schools set up by residents. Although desperately in need of funds and technical assistance, such homegrown facilities suggest that underprivileged areas want art and are willing to do something about getting...

Author: /time Magazine | Title: Museums: Opening Eyes in the Ghettos | 6/21/1968 | See Source »

...result, the plant is fully meshed with the rest of Chrysler's North American operations. The lines discontinued in Windsor are now made entirely in the U.S., but are sold both on the Canadian and American markets. A Canadian-make Polara or Fury, meanwhile, is just as apt to wind up with an owner in Cleveland as in Winnipeg...

Author: /time Magazine | Title: Autos: Open Border | 6/14/1968 | See Source »

...stands for "upward" in Hebrew and is an apt description of the 20-year-old Israeli airline that carries the name. The company has increased its sales elevenfold and managed to earn a profit for the past ten years-without outright government subsidies. From a pitiful $5,750,000 revenue in its first full year of operation, El Al moved up to $12 million by 1957, when it introduced transatlantic flights with turboprop Britannias, and then nearly tripled revenues in 1961 with jets. Despite the Six-Day War, the airline grossed over $63 million and made a record profit...

Author: /time Magazine | Title: Aviation: Up with Upward | 5/31/1968 | See Source »

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