Word: axelrod
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...have been hearing about the results of the Axelrod story ever since Fred Brown, proprietor of Brown's Drug Store in Woonsocket, got a tip that it would be in the forthcoming (Feb. 2) issue of TIME and ran the following ad in the Woonsocket Call...
...Local man makes good in TIME magazine. Read about Woonsocket's Joe Axelrod in TIME, for sale at Brown's Drug Store...
Thanks to Donald Rogers, our Providence, R.I. correspondent, TIME'S Business & Finance department had known about Joe Axelrod for some time. As our story said, in nine and a half years he had parlayed a $5,500 investment into an integrated textile empire worth $16 million. When a recent addition of a seventh plant to his holdings completed the integration, our Business editor decided it was time to tell the story...
Since the day his story appeared on the newsstands, Joe Axelrod figures he has heard from just about everybody he ever knew (messages of congratulation, etc.). He has also received hundreds of letters (over 400 at this writing) from people he doesn't know, and one man, a Canadian lumber salesman who had read the story, dropped in at the plant to say "hello," explaining that he had felt like taking a trip and "just wanted to meet a fellow like...
Quite a few of Axelrod's letters begin "You're the kind of guy I want to work for," and are from experienced weavers, loom-fixers, fashion designers, buyers, superintendents, salesmen, workers from nearby mills, from all over New England, and from Pennsylvania, North and South Carolina, Delaware, New York, California, Florida, Georgia and Alabama. Others are from novices who want to enroll in Axelrod's school in textile technique...