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Chaos to Stability. Aloof and austere in his business contacts, Erpf has a profound sense of mission about his role as a latter-day capitalist. The function of investment banking, as he sees it, is to help guide new or individually managed companies into what he regards as the highest stage of capitalism-"the large institution run by professional managers with the public conscience glaring at them." Only large corporations, Erpf believes, fully realize "the whole idea of capitalism, which is to bring solidity and stability into the market in place of chaos. I call that civilization...

Author: /time Magazine | Title: Wall Street: The Renaissance Banker | 4/13/1962 | See Source »

...Chicago is "a latter-day John Bunyan." John Bunyan ? Never heard...

Author: /time Magazine | Title: Letters: Mar. 30, 1962 | 3/30/1962 | See Source »

...overwhelming, rich and powerful woman, the pacesetter and arbiter of national taste, a woman of contrasts whose feet are planted firmly in the subway while her tiara punches the clouds. On the shore of Lake Michigan stands big-shouldered Chicago, a gambling man, a gandy dancer, a latter-day John Bunyan whose self-conscious gazes into his mirror reflect the pride and simplicity of the U.S. heartland. There is intellectual Boston, a lady of quality with whalebone traditions, who has hitched up her skirt and gone to work without losing her manners, keeping her balance with an infusion of wild...

Author: /time Magazine | Title: Cities: The Renaissance | 3/23/1962 | See Source »

...dollars largely financed the rebels. Eire's President Eamon ("The Long Fella") de Valera, a legendary hero of the Battle of Boland's Mills in 1916, once pledged to make "Ireland her own, and all therein, from the sod to the sky," but he has repeatedly censured latter-day rebels. Chided Dev: "These young men are living in the past...

Author: /time Magazine | Title: Ireland: I.R.A.'s Exit | 3/9/1962 | See Source »

...become Governor of Michigan is about the greatest anticlimax to a phony stunt that I've ever seen." Democratic Governor John Swainson rebuked Scholle, and reminded the public that he himself had been until World War II a member of the Reorganized Church of Jesus Christ of Latter-day Saints, an offshoot of the Mormon Church that admits Negroes to its priesthood. "I want to see the discussion of religion eliminated as a campaign matter," said Swainson, who is now a Lutheran...

Author: /time Magazine | Title: Michigan: The Mormon Issue | 3/2/1962 | See Source »

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