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Swap Denied. Macmillan, who used to see himself in the role of "honest broker" between East and West, now was closer to acting as broker between West and West. There were many familiar items of disagreement within the Western Alliance-De Gaulle's desire for a loose European federation (Macmillan in agreement) and the U.S.-British desire to negotiate a Berlin settlement (De Gaulle opposed). As for nuclear weapons and France's determination to build its powerful independent force de frappe, there was-officially- little that the Prime Minister could say; Macmillan earlier had flatly denied any intention...

Author: /time Magazine | Title: Europe: The Cost of Union | 6/8/1962 | See Source »

Tipped by a newspaper broker, Newhouse flew down to New Orleans fortnight ago, heavily loaded with hard cash. Before the nine board members of the Times-Picayune Publishing Co., Newhouse waved an offer of $42 million-his price for all 280,000 shares of the company's stock. Seven of the directors promptly produced 100,000 shares, more than enough for effective working control...

Author: /time Magazine | Title: The Press: Up With the Biggest | 6/8/1962 | See Source »

...ticker tape to reproduce in the background, and so we sent downstairs to the Merrill Lynch office in our building for a few strands of cellulose acetate. The reply we got was typical of the impact of the week's news: "You can have all of it," said Broker Nicholas Bazarov...

Author: /time Magazine | Title: A Letter From The Publisher: Jun. 1, 1962 | 6/1/1962 | See Source »

...more into such extras as a greenhouse and an indoor badminton court. But last week there was little merriment at Merrywood. Sighed its master, a gentle man who is known to friends and family as "Hughdee." and who acts more like an absent-minded professor than the wealthy investment broker that he is: "It's all very unpleasant...

Author: /time Magazine | Title: Virginia: Less Than Merry at Merrywood | 5/11/1962 | See Source »

...Schirmer set up Standard Register in partnership with a Dayton business broker named John Q. Sherman. Within a year the infant company was in receivership, and Schirmer had sold out his interest to Sherman and his brother William. For a long time, Standard seemed doomed to the small time, even though the Shermans developed ways of converting the punched margins to typewriters and other business machines, competitors contemptuously dismissed Standard's punched forms as "lace panties" and "smallpox paper." Curfew at Midnight. During the Depression, Standard turned the corner by deciding to concentrate on producing specialized business forms-which...

Author: /time Magazine | Title: Corporations: Profits in Paper Pushing | 5/4/1962 | See Source »

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