Word: eitingon
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Dates: during 1940-1949
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Local Angle. It is Tufty's boast (among many) that "I was the only woman writer on the Dewey train in 1944" (not Counting LIFE Researcher Lee Eitingon). The trip paid off with more than news. When the train was wrecked at Castle Rock, Wash., Tufty suffered broken ribs and passed out (Westbrook Pegler passed the smelling salts). She came out of it with a $3,000 settlement, which she used to fix up her National Press Building cubicle with yellow curtains and a fancy circular desk...
...what knocked the breath clean out of fur men last week was the news that Manhattan's Motty Eitingon Inc., the nation's largest single operator in furs, had filed in bankruptcy, begged for a six months' moratorium on its obligations. Eitingon (rhymes with biting gone), who had come a cropper once before in furs (in 1932 he had to reorganize after a $7,500,000 loss) had got himself in trouble again for the same reason-overexpansion...
...originator of "Bonmouton," a beaver-like fur made by plasticizing sheep pelts, Eitingon had enthusiastically expanded, bought seven processing plants, talked of selling 15,000,000 mouton coats (from $100 to $200). But the processing took longer than anticipated and he found himself short of ready cash...
...present none-too-healthy state, the fur industry could not afford to let Eitingon go to the wall. Other furriers rallied around. And with a $250,000 loan from the Irving Trust Co., it looked as if Eitingon might squeak through-given enough time. A not unconsiderable factor: mouton has held up in price...
...others: the late Drs. Carl Abraham and Max Eitingon of Berlin, Sandor Ferenczi of Budapest, Otto Rank of Vienna, Ernest Jones of London (still living). *Fran Profesor, 80, is still living in London...