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Directors George Whitney and Harry Davison of J. P. Morgan & Co. also thought they could skip the "routine meeting." Though Morgan interests had helped put Avery in as Ward's chairman 17 years ago, Whitney and Davison are now reportedly pro-Norton. When the meeting was finally held, it turned out to be anything but routine-and still another Norton man, Director Lawrence Appley, was among those missing...

Author: /time Magazine | Title: Knockout | 6/21/1948 | See Source »

...jockey. Eddie used to cry over the belittling he got. At 15 he was in Agua Caliente, broke and homesick, when he finally won his first race, on a four-year-old maiden named Eagle Bird. Then he drove up to Tanforan, Calif., to take a job with Clarence Davison, a "gypsy" horseman who taught him the ABCs of being a jockey...

Author: /time Magazine | Title: Cover: Man on a Horse | 5/17/1948 | See Source »

...Year Brokers Tip Won. It was a bard school. In morning workouts (young Eddie had the man-sized chore of galloping 15 horses every morning), Davison would never tell him simply to "breeze this horse a half mile with a nice snug hold." Instead, he would tell him to work the half in 50 seconds?and he meant neither one second more nor one second less. Eddie learned to have a clock in his head." In New Orleans in 1933?the year Brokers Tip won the Derby?a "bug boy"* named Arcaro began to get into print...

Author: /time Magazine | Title: Cover: Man on a Horse | 5/17/1948 | See Source »

After a race, Davison would take Eddie aside to diagram his mistakes. He showed Arcaro how he lost distance by swinging wide to go around two horses on a turn; low he risked being run into the rail by trying to squeeze through on the inside of a front rider. He formulated it into a rule that Eddie still works by: "Never go outside of two or inside of one." Davison was insistent about never losing ground; it cost Arcaro one spill after another, trying to squeeze through between horses. The first bad tumble he had was from a plater...

Author: /time Magazine | Title: Cover: Man on a Horse | 5/17/1948 | See Source »

...Davison also taught Eddie a wrong thing or two: he believed in laying plenty of whip to a horse. Eddie now believes that too many riders lean too heavily on the whip. The trick, he says, is to use the least possible at the right time. Arcaro often just waves the stick before a horse's eye ("it kind of scares them...

Author: /time Magazine | Title: Cover: Man on a Horse | 5/17/1948 | See Source »

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