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...suggest, they had a surprise coming. Billy's first businesslike solution for management problems was to save part of last year's $220,000 loss by lopping off four of the Met's five managers. As for General Manager Edward Johnson, "the mess of red ink on your books ought to tell you that Eddie is badly miscast as bossman of a setup which features 600 Tallulah Bank-heads and a dozen John L. Lewises . . . [but] if he's used only as artistic director, he's well worth his keep...

Author: /time Magazine | Title: Music: Candy Under the Bed | 9/6/1948 | See Source »

...York, Chicago, Pittsburgh and Minneapolis, figures that this year's net may go as low as $500,000 (its boom-peak net: $2,000,000 in 1946). For many a smaller company, trying to meet more than doubled postwar costs on prewar fares, the slump means red ink...

Author: /time Magazine | Title: Not Registering | 8/30/1948 | See Source »

...about $67.4 million a year), much less than the additional 5.6% the railroads had asked. Nevertheless, the roads were feeling a lot better. Example: in June, the Pennsylvania netted some $8,000,000, almost triple the May profit. It was enough to wipe out four previous months of red ink and put the road in the black for the half year...

Author: /time Magazine | Title: Facts & Figures, Aug. 9, 1948 | 8/9/1948 | See Source »

Because he is bored with his own, he calls himself by many names: "The Old Man of the Apricot Orchard," "Hut on Chieh Shan Mountain," "The Man Long Separated from the Studio of Eight Ink Stones." But in China last week any of those names, signed with slender strokes upon a painting, were immediately recognizable as belonging to Ch'ih Pai-shih, China's most popular living artist...

Author: /time Magazine | Title: Art: Paintings by the Foot | 7/26/1948 | See Source »

...University of North Carolina's Archibald Henderson, 70, genial mathematician, historian of the South, drama critic, biographer, friend of Mark Twain and George Bernard Shaw. Henderson bought ink by the quart for his own use, once turned out five books in one year ("When I get tired, I just go from one to another"). His advice to students: "The university offers you, not education, but only the pursuit of education-forever and ever...

Author: /time Magazine | Title: Education: Goodbye, Messrs. Chips | 6/21/1948 | See Source »

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