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...Joint Congressional Committee on Housing had padded from coast to coast, sniffing for the scent of a grey market in building materials. All over the country, Wisconsin's Senator Joe McCarthy, vice chairman of the pack, had picked up signs of one Isadore Ginsberg of New York City, who was plying a brisk and highly profitable trade in gypsum lath. McCarthy was outraged at Ginsberg's prices. (He was getting $52.50 per 1,000 sq. ft. for lath selling for about $40 in lumber yards.) Furthermore, McCarthy charged, Ginsberg moved fast enough to buy up large quantities...

Author: /time Magazine | Title: HOUSING: Why Markets Get Grey | 1/26/1948 | See Source »

Last week the committee confronted its quarry in a witness chair in Washington. But Ginsberg, 301 lbs. (5 ft. 4¾ in.) of truculence, did not look trapped. World War II Veteran McCarthy glared at World War I Veteran Ginsberg (a onetime leader in a New York veterans' organization that has plugged for lower-cost veterans' housing), and called him "the most vicious of grey marketeers...

Author: /time Magazine | Title: HOUSING: Why Markets Get Grey | 1/26/1948 | See Source »

Demanded Senator McCarthy: How about that 18% profit? Well, retorted Ginsberg, what about it? He considered his profit no more than fair for delivering scarce goods. Snapped Ginsberg: "I want to say, sir, Ginsberg is as proud as McCarthy. I don't believe you can possibly pass legislation to prevent me, and honest men like me, from making a fair profit. Only in Russia could that be done...

Author: /time Magazine | Title: HOUSING: Why Markets Get Grey | 1/26/1948 | See Source »

McCarthy grumpily conceded that Ginsberg had a legal right to commit what McCarthy considered a moral wrong, but added: "I hope men like Ginsberg will be forced out of business...

Author: /time Magazine | Title: HOUSING: Why Markets Get Grey | 1/26/1948 | See Source »

...Acres and Pains" tries hard to laugh its way into the honor spot conceded "Crazy Like a Fox" and "Dawn Ginsberg's Revenge," but falls somewhat short of red-hot. Perelman subjects must be taken in short doses to remain fresh, but, "Acres and Pains" lacks the necessary shift of topic, becoming a well-executed, if occasionally heavy rehash of life on the farm. Composed of a series of magazine articles filled in with new material, the book does not show a continuous level of quality throughout. The older, more familiar chapters emphasize the bawdy wit of Perelman...

Author: NO WRITER ATTRIBUTED | Title: The Bookshelf | 9/27/1947 | See Source »

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