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...York State has also a stock transfer tax of 4?, he prophesied that the city's additional tax of 4? would drive security traders to do their business in other markets. Pointing out further that except for July and August 1932, and for May, June and July 1933 brokers have had three incredibly lean years, he declared that the tax on brokers would put many a brokerage firm out of business. The broker-filled gallery came down with applause...

Author: /time Magazine | Title: International: Brokers v. Taxes | 9/25/1933 | See Source »

...Broker Stetson stayed with his father's venerable firm for only a few years after he was graduated from Harvard in 1906. South American archeology and ethnology interested him much more than hats. At the start of the War he jumped into aviation, flew for a year in France. In 1925 President Coolidge appointed him Minister to Poland. After he resigned in 1930, he formed a brokerage firm with a Philadelphia banker, Daniel S. Blackman. Broker Stetson, who was reported to have put up the capital, became the floor member. Last week although receivers listed Stetson & Blackman...

Author: /time Magazine | Title: International: Suspended Stetson | 9/25/1933 | See Source »

...with a thick black mustache and a high forehead, Broker Stetson is a civic-minded Philadelphia socialite whose pet hobby is raising fish. His mother, who became the Countess Santa Eulalia of Portugal after old John Stetson's death, added $4,000,000 to Son Stetson's hat fortune when she died in 1929. As a director of John B. Stetson Co., Broker Stetson has watched his father's business become one of the largest fine hat-makers in the U. S. It still makes ten gallon models, but the bulk of its $5,000,000 annual...

Author: /time Magazine | Title: International: Suspended Stetson | 9/25/1933 | See Source »

...suit for alienating the affections of Broker Alfred C. Read Jr. of Oakland, Calif., brought against Film Actress Claire Windsor, 32, by Marian Read in Los Angeles (TIME, Sept. 11): award of $75,000 damages by 10-to-2 vote of a middle-aged jury. Twice-married Actress Windsor planned an appeal, commented: "I have no money and rather than go to work that Mrs. Read may collect, I will get married again...

Author: /time Magazine | Title: Sequels, Sep. 25, 1933 | 9/25/1933 | See Source »

...Farmer-Labor Governor Olson, identified with the whole Roosevelt program, will oppose him on his next senatorial campaign. Schallisms: "NRA no longer stands for National Recovery Act. It stands for National Ruin Association . . . [variant : National Racket Administration]. "Premier General Johnson - Wall Street partner of Barney Baruch, the broker- has declared a five-week campaign to put across the five-year plan of Premier Stalin of Russia. . . . "The Blue Eagle is a Russian fish hawk. "Why keep Capone in Atlanta? . . . Why not call him out to lead the retail branch of racketeering. "In some countries the orgies...

Author: /time Magazine | Title: RADICALS: Dead Cats | 9/18/1933 | See Source »

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