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...selling for $10.25 a share and Sam Zemurray's stake had shriveled to some $2,000,000. Earnings for the first six months of that year were a miserly 51? a share. So the towering, hawk-nosed banana man marched into a United Fruit board meeting with a fist full of proxies and stock certificates and shocked eminent Bostonian directors with a curt demand for power. He got it. They made him "Managing Director in Charge of Operations." From Boston to Bogota the United Fruit organization began to learn what it was to be efficient. In the last half...

Author: /time Magazine | Title: Business & Finance: Bananas on High | 2/5/1934 | See Source »

...Chrysler had rehabilitated Maxwell, it was his company. In 1924 he brought out his first car under his own name, a car with a high speed motor, low slung, built for traffic. It caught public fancy and for the first time its maker began to make money hand over fist...

Author: /time Magazine | Title: Business: Cock of 1933 | 1/8/1934 | See Source »

...five long years Louisiana has been held fast in the political fist of its crudest, rudest demagog-Huey Pierce ("King-fish") Long. By last week it appeared that his grip was gradually weakening. His prestige has been badly damaged at home because patronage from President Roosevelt has been going to anti-Long men, a situation which caused Senator Long to blurt out at a Milwaukee veterans' convention: "To hell with the Administration!" And over his head hangs the threat of Federal court action on charges of income tax evasion...

Author: /time Magazine | Title: POLITICAL NOTE: Committed in a Cathedral | 12/4/1933 | See Source »

...Market. Mr. Grigsby was a precise, poker-faced operating man. Mr. Grunow was an explosive, moon-faced salesman. Together they ran, in a belligerently unorthodox manner, Grigsby-Grunow Co., makers of Majestic radios and electric iceboxes. Unlike most makers of radios and electric refrigerators, they made money hand over fist. In the clear blue firmament of 1929, Grigsby-Grunow stock was a comet...

Author: /time Magazine | Title: Business: Fallen Comet | 12/4/1933 | See Source »

...inarticulate Grant," fewer than Theodore Roosevelt or Woodrow Wilson. His interests were narrow: "He wrote when affairs required it, but seldom spontaneously and never discursively. . . ." Even in the White House he never dictated or used a typewriter, "and the number of letters he could indite with his own heavy fist was limited." The two best and most-famed letters in this collection are telegrams. When his political enemies tried to spike his campaign shortly after his nomination for the Presidency (1884) by exaggerating the truth about his "illegitimate son," he wired a Buffalo supporter: "Whatever you do, tell the truth...

Author: /time Magazine | Title: Books: Long-Hand, Hard Head | 12/4/1933 | See Source »

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