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...increased its assets another 67% to $539,585,596. By March 1931, when U. S. business began a steep two-year nose dive, United had increased its assets to a peak of $594,603,470. Two years later during the famed investigation which sired the Securities Exchange Act, Inquisitor Ferdinand Pecora brought out that at that peak the "United group" controlled 22-to-23% of U. S. electric production, some 22% of gas output; and that its half billion dollars of common stocks had brought under Morgan domination a utility empire* ("worth...

Author: /time Magazine | Title: INVESTMENT TRUSTS: Change of Life | 7/17/1939 | See Source »

...WALL STREET UNDER OATH-Ferdinand Pecora -Simon &Schuster...

Author: /time Magazine | Title: INVESTMENT TRUSTS: Change of Life | 7/17/1939 | See Source »

Editors of the Pioneer, the Golden Era, the Overland Monthly, the Californian were such resourceful amateurs as Sam Brannon, wildcat Mormon leader who got rich collecting tithes from gold prospectors; Ferdinand C. Ewer, tall, goateed, atheist Harvardman who later became an Episcopal rector; Charles Henry Webb, lisping, redheaded ex-sailor and miner, wit and lady-killer, who fled to California to escape the Civil War. (In the second year of the war, 100,000 army deserters and pacifists rolled into California. Among them was a slouchy ex-river pilot named Samuel Clemens...

Author: /time Magazine | Title: Books: Golden Era | 7/17/1939 | See Source »

After the ceremonies, there was a conference. Franz Ferdinand wanted to send Sophie home and go on with his program. Sophie refused to go. An officer suggested that they go to the Governor's residence. "Do you think Sarajevo is full of assassins?" was General Potiorek's squelcher. Finally the Archduke decided to scrap the program which would have taken him to the town museum and to drive straight back to visit his wounded aide in the hospital. As Franz Ferdinand and Sophie again entered their car (see cut, right), he was informed that Chabrinovitch had been collared...

Author: /time Magazine | Title: EUROPE: One Morning in Bosnia | 7/3/1939 | See Source »

...moment the Archduke sat straight, apparently unhurt, with his wife slumped across his lap. Then blood ran from his mouth, dark stains appeared on the collar of his green uniform, he crumpled up. Then they hastily drove Franz Ferdinand and Sophie to the Governor's residence just across the river. Both were dead before a doctor or a priest could reach them...

Author: /time Magazine | Title: EUROPE: One Morning in Bosnia | 7/3/1939 | See Source »

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