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...sons left home, and went from trading in commodities to dealing in finance. In those days, when news traveled no faster than the stagecoach or sailing ship, the five brothers realized that a speedy communications system could mean money, organized their own version of a private pony express and courier service. The system paid for itself many times over when Nathan, in London, achieved a two-day beat on the news of Waterloo, allowing him to score one of the greatest of stock-market coups. He had much at stake, since he had largely financed Wellington's army...

Author: /time Magazine | Title: Books: Money's Royalty | 3/2/1962 | See Source »

More Than a Rich Sport. This quick action was typical of a newcomer who, since invading England in 1959, has kept Fleet Street jumping. Thomson picked up dozens of newspapers of all sorts, from Scotland's Caithness Courier (circ. 6,000) to England's big Kemsley chain. Editors and publishers goggled at the sight of the gregarious Canuck who told risque stories in a deliberate and successful effort to crack the British reserve, and rode in a chauffeur-driven Cadillac to the subway tube-to be met at the other end by a chauffeur-driven Rolls...

Author: /time Magazine | Title: The Press: The Collector | 12/8/1961 | See Source »

...Louisville, where Democrats had controlled the city government for 28 years, Republicans reinvoked an old slogan: "It's time for a change." As it happened, it worked. Last week, over the opposition of the Louisville Courier-Journal and despite a lopsided Democratic registration superiority, the voters in Kentucky's largest city (pop. 390,639) elected Republican William O. Cowger, 39, as mayor, his first political office, and gave the G.O.P. a sweep of the board of aldermen...

Author: /time Magazine | Title: Nation: Louisville Goes Republican | 11/17/1961 | See Source »

...Charleston, S.C., the News & Courier, a chronic Kennedy critic, politely applauded his scholarly speech at Chapel Hill (TIME, Oct. 20), then yielded to the same anxiety that troubles Erwin Canham: "Mr. Kennedy's trouble lies in translating high-sounding words and resolute statements into the actions of the administration he heads. It is our well-justified fear that the President is lacking in that quality which enables a man to live up to his own words. For all the firmness, the total body of his decisions as President is not such as to inspire national confidence...

Author: /time Magazine | Title: The Press: What Comes Naturally | 10/27/1961 | See Source »

...whose Aeronutronic Division has contracts worth $40 million for an antitank missile, multipurpose booster rocket, and the outer casing of a moon-probe vehicle-recently bought the $400 million-a-year Philco Corp., mainly for Philco's space-age electronics business (prime contractor for the Army Signal Corps Courier communications satellite, tracking and command equipment for the Discoverer satellite...

Author: /time Magazine | Title: Business: A Guide to Aerospace Companies | 10/27/1961 | See Source »

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