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Coulter borrowed $250,000 for new equipment, hustled business from such big shippers as Quaker Oats, U.S. Gypsum and Armour, reopened 20 freight offices across the country, and started informing shippers by postcard on every movement of their freight. He raised wages to standard rates, set up a management-labor suggestion committee, spruced up cabooses with new coats of paint, good toilet facilities, even outlets for electric razors...

Author: /time Magazine | Title: RAILROADS: The Pride of Peoria | 4/21/1952 | See Source »

Hungry & Unloved Into the Chicago offices of Armour & Co. one day in 1887 walked a hobo with a letter for the president. Its plea: give me $25. Meatpacker Philip D. Armour got a kick out of the writer's literary style, ordered the $25 paid to him, and said, "It's worth it." The writing hobo was a 28-year-old Norwegian immigrant with goldrimmed spectacles and an aristocratic face. In Norway he had been a cobbler's apprentice, woodsman, stevedore and road navvy. He had come steerage to the U.S., worked for tight-fisted Wisconsin farmers...

Author: /time Magazine | Title: NORWAY: Hungry & Unloved | 3/3/1952 | See Source »

...Luck. His name was Pedersen. He had signed his first poems "Hamsund," after his family farm, but a careless printer dropped the final 'd' off an early byline and he stuck to the misprinted name for luck. Meatpacker Armour's $25 was one of Knut Hamsun's rare breaks in the U.S.; in 1888, he returned to Norway to write of his disenchantment with the U.S. of booming stockyards and cornlands. He had found no cultural life in the U.S., only "prudishness, self-complacent ignorance," and "patriotism engendered by tin fifes...

Author: /time Magazine | Title: NORWAY: Hungry & Unloved | 3/3/1952 | See Source »

...James Clement Dunn, 60, U.S. Ambassador to Italy since 1946. Slim, impeccably tailored, a conservative, wealthy man (his wife is the former Mary Armour of the meat-packing clan), he has been in the State Department for 33 years, has served as assistant to three Secretaries of State, as chief of the Division of European Affairs. Born in Newark, N.J., he became a practicing architect before entering the State Department as a clerk. Dunn's main job has been to keep Italy from falling under Communist control, by cajoling, chivying and maneuvering the. Italian government, without laying himself open...

Author: /time Magazine | Title: FOREIGN RELATIONS: U.S. Ambassadors | 12/31/1951 | See Source »

...cattle on the ranges v. 1945's alltime peak of 85,573,000. Yet, because of OPS snarls, 10% fewer cattle are now being slaughtered than last year. And despite record meat prices, packers, who traditionally make only 1? on every $1 of sales, can hardly break even (Armour lost $1,600,000 in its latest quarter...

Author: /time Magazine | Title: CONTROLS: Needed: A Free Market | 10/1/1951 | See Source »

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