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...former investment banker (Bonbright & Co.) who became trustee of the McKesson reorganization. The McKesson reorganization was the first big case under the new Chandler Act (Chapter X of the Bankruptcy Act), and was therefore watched closely by lawyers as a test of the new law, which is designed to hasten reorganizations under the eye of SEC. Last week, the McKesson reorganization looked like a distinct legal success. The amended trustee's plan was submitted to the court on Jan. 27, agreed to by creditors, bondholders and stockholders alike, passed by SEC as "fair, equitable and feasible" last week...

Author: /time Magazine | Title: DRUGS: McKesson Leaves the Court | 4/7/1941 | See Source »

Lest Dentist Holroyd's letter printed in your Feb. 24 issue induce the leopard to change his spots, I hasten to express the reactions of a reader who does not see tooth to tooth with the D.D.S...

Author: /time Magazine | Title: Letters, Mar. 17, 1941 | 3/17/1941 | See Source »

...hasten to congratulate you on your bold front page article of Harvard's Ku Klux Klan invasion. With all respect to the worthy and essential members of the press, may I ask why the facts have not been brought to the fore at a prior date? Ludicrous, indeed, is the thought that a Washington editor, in the guise of a spectator, must tell the police where to look for the criminal. Can it be that this paper is so dedicated to an impossible program of neutrality, that it hates to publish the intimate truth unless the outside world first backs...

Author: NO WRITER ATTRIBUTED | Title: THE MAIL | 1/29/1941 | See Source »

Chief argument of management against raises now is that they will hasten the inflationary spiral of rising prices and costs, leave labor's real wages lower, or no better, than before. But Murray has run his own plough around the field of economics and is convinced that labor could get a bigger share of profits now, and could do so without disturbing present prices and costs. He cries shame over a Social Security report that 10,000,000 workers in private industry earned less than $500 apiece in 1937 (highest wage year between...

Author: /time Magazine | Title: LABOR: C. I. O. Faces Defense | 1/27/1941 | See Source »

Sirs: In your Sept. 30 issue anent the Dr. Kildare pictures, you write, "Only the technical director-a young Hollywood doctor glad to make an extra $100 a week-failed to stick when movie publicity boomed his meagre practice after three films." Since this sentence concerns me, I hasten to make a few observations. ... In the two years, 1939 and 1938, when I devoted myself exclusively to the motion-picture industry, my annual gross incomes were $1,760.17 and $2,028.42 respectively. These sums represent the amount of money I was able to earn in this lush enterprise...

Author: /time Magazine | Title: Letters, Oct. 28, 1940 | 10/28/1940 | See Source »

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