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...charge. 3) Savings bank policies are 25% to 50% cheaper than old-line policies comparable to those the savings banks sell. Of every $1 paid in old-line premiums, 11? is paid to an agent; one out of every 190 adults in Massachusetts is an insurance agent. Savings banks employ no agents, pay no commissions. Top salary is Commissioner Dewey's $4,200. And because their policyholders must come to them and so, the presumption is, are more convinced of the value of insurance, their losses from policies given up before they mature are comparatively small...

Author: /time Magazine | Title: Business: Massachusetts Idea | 3/28/1938 | See Source »

When her father left No. 10 Downing Street, Ishbel decided to employ her servants in the 17th-Century inn at Speen. Hard by Chequers, country home of Britain's Prime Ministers, the Plow became a stopping place for tourists who came to see the former hostess of No. 10 handing out half pints in the pub. She employed Ridgley, dubbed "Tinker" by his cronies, as her gardener, started village tongues to wagging when she drove about the countryside with him last summer. Drummer in the village band, Tinker gained further favor because he was Speen's ace darts...

Author: /time Magazine | Title: Foreign News: Ishbel's Tinker | 3/14/1938 | See Source »

William Randolph Hearst probably would not employ a self-styled Communist. But he knew that Communists were on his payroll, and that they were numerous and strong enough to finance a house organ (Hearst Worker) for many months. There have also been Communists on the Scripps-Howard papers who published a fiery Beacon when they had the time and money...

Author: /time Magazine | Title: The Press: Better Times | 3/7/1938 | See Source »

Until a Master has interviewed all applicants, he cannot fairly specify who will and who will not be admitted. Yet it is essential for every Freshman wishing to become an Elephant or Funster to remember that few are accepted by mere presentation of credentials. The wise men will employ all kinds of devices and use all influences to insure acceptance. It is silly to believe that the Masters or their assistants pay no heed to tugs and pokes from behind friendly curtains. Those who get in will be the ones who write letters, pull many strings, and prove the most...

Author: NO WRITER ATTRIBUTED | Title: WHAT EVERY FRESHMAN SHOULD KNOW | 3/2/1938 | See Source »

...power was transmitted to all four wheels so their front wheels could pull their hind wheels out of mudholes. Blacksmith Zachow went to work in his brick machine shop, devised the world's first four-wheel drive car. The sprawling factories of Four Wheel Drive Auto Co. now employ almost a fourth of Clintonville's 3,500 residents, but not Otto Zachow. Last week, when "The Drive" got permission to list its stock on the Chicago Stock Exchange, Otto Zachow, grey and grim at 75, was still toiling in his brick smithy...

Author: /time Magazine | Title: Business & Finance: The Drive | 2/28/1938 | See Source »

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