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...Frank Edward Gimlett, 75, oldtime prospector from Salida, Colo., was in town. Said he: "I came here to find out what we are going to use for money." If necessary, he vowed, he would visit every member of Congress to discover why he was getting greenbacks instead of gold coin for the metal he mined. Opening a leather pouch, he pulled out a pair of women's garters with gold buckles set with $5 gold pieces...

Author: /time Magazine | Title: FISCAL: Paper Money | 1/13/1941 | See Source »

...young man dropped a coin in the turnstile, walked out on to the platform. But instead of boarding a train, he stood there and watched while three other people came through the turnstile after him. Then he looked hastily around, darted to the turnstile, put his lips to the coin slot, sucked. At this point the amazed Mr. Milli bounded out of hiding and grabbed him. In the young man's mouth. Milli later declared, was a nickel...

Author: /time Magazine | Title: CRIME: Sucker's Game | 12/30/1940 | See Source »

Appearing with his captive before Magistrate Charles Solomon. Milli explained how it was done: the ingenious and germ-defying young man, who said that he was Chester Madzenski, dropped a squashed penny into the slot; it stuck there, instead of falling into the coin box. Subsequent nickels piled up on top of it. Madzenski apparently had it figured out that when three nickels had been dropped on top of his penny, the last one would be near enough to the top so that he could suck...

Author: /time Magazine | Title: CRIME: Sucker's Game | 12/30/1940 | See Source »

...fight between Copper King Fritz Heinze and Standard Oil's John D. Ryan for the Butte, Mont. copper properties was finally settled by a $500,000 toss of a coin...

Author: /time Magazine | Title: PUBLISHING: Tycoon's Pal | 12/2/1940 | See Source »

Last week in Manhattan's Willard Gallery, visitors read these words of Author William Blake (ThePainter and the Lady) in a 10? catalogue, and gazed, not always sternly, at a thousand devices in 15 plaques on the walls. The plaques stemmed from the numismatic art of the coin and medal maker; they were beautifully cast in low relief in silver or bronze, in various shades and patinas. How they flowered was something else. Husky, wispy-bearded, bighanded Sculptor David Smith called his plaques "Medals for Dishonor," intended them to be awarded for distinguished service in the art of causing...

Author: /time Magazine | Title: Art: Mr. Smith Shows His Medals | 11/18/1940 | See Source »

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