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Charles William Post, a farm-machinery salesman, in 1893 concocted the first batch of Postum out of wheat, molasses and bran on his kitchen stove in Battle Creek, Mich., where he had gone to boost his strength in a sanitarium run by his future rival, John Harvey Kellogg, creator of corn flakes. Post followed Postum up with Grape Nuts and Post Toasties. He taught his only child the business, had her sit in on directors' meetings at the age of eleven, took her along on factory tours (and incidentally taught her boxing). When she married Socialite Edward B. Close...

Author: /time Magazine | Title: Society: Mumsy the Magnificent | 2/3/1967 | See Source »

Bears & Bulls. Home base for Mrs. Post's constant flurry of house parties and charity benefits is Washington's Hillwood, a 22-room Georgian mansion set on 24 acres overlooking Rock Creek Park. Invitations to Hillwood are only slightly less sought after than those to the White House. The house, already bequeathed to the Smithsonian, is furnished with Gobelin tapestries and Louis XVI furniture (including chairs made for Marie Antoinette). It is surrounded by a garden with plants from Buckingham Palace and Mount Vernon. In the French Regency dining room, guests-including Cabinet Ministers and royalty-eat from...

Author: /time Magazine | Title: Society: Mumsy the Magnificent | 2/3/1967 | See Source »

...Sandy" Buell, 71, a frequent golf partner of Dwight Eisenhower, has designed public buildings in Colorado, but earned much of his money in such real estate developments as Denver's fashionable Cherry Creek Shopping Center. His first wife, Marjorie Mclntosh, was rich from Household Finance Corp. interests, and his present wife is the daughter of Horace Bennett, a Denver real estate tycoon. The Buells have asked only one favor: to be buried on the campus. The grateful trustees offered even more: they voted to change the school's name from Colorado Woman's (generally agreed...

Author: /time Magazine | Title: Colleges: A $25 Million Gift | 11/18/1966 | See Source »

...between Westinghouse and front-running General Electric for plant-building orders, nuclear power costs have dropped so far that atomic plants in some areas come cheaper than the conventional variety. Nine years ago, the first commercial reactor at Shippingport, Pa., generated electricity for 65 mills per kwh. The Oyster Creek plant of Jersey Central Power & Light, due to open next year, is expected to run for 4 mills per kwh, as does Consolidated Edison's Indian Point plant 30 miles up the Hudson River from Manhattan. That is 33% less per kw-h than it costs Con Edison...

Author: /time Magazine | Title: Power: Switching to the Atom | 10/14/1966 | See Source »

...there is Contractor Ben Ginter, who arrived in 1949 with a stake of $1,500. He has run it to $20 million since, building highways and pulp mills, and a $250,000 hilltop house for himself that includes an indoor waterfall and swimming pool fed by a diverted mountain creek. While clearing the sites for the new pulp mills of Prince George, Ginter thought ahead and bought up swatches of land in the hills overlooking them. "When those pulp mills start producing," he says, "that stench is going to sit right down there in the valley. And people are going...

Author: /time Magazine | Title: Canada: Surging to Nationhood | 9/30/1966 | See Source »

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