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Unmined Riches. Actually, the gold was there all the time, but Broadwater was one of the few who had the eye to see it in Capital's balance sheet. He had made and lost a fortune in Florida real estate, spent many a lean year ("I saw the time when I couldn't pay my grocery bill") until World War II found him with an interest in the war-rich Tampa Shipbuilding Co. In it, he made a lasting alliance with Florida Industrialist Louis Wolfson, 40, who had made millions from a grab bag of enterprises, ranging from...

Author: /time Magazine | Title: HIGH FINANCE: How to Make a Buck | 3/17/1952 | See Source »

...before all was done, much of the lean-was in the fire. The Democratic platform of 1908 (candidate: W. J. Bryan) declared for a constitutional amendment permitting an income tax. The Republican platform did not, but the candidate, William Howard Taft, announced that he was for it. In the heavily G.O.P. Congress of 1909, the income-tax group, led by a fiery Tennessean named Cordell Hull, introduced their measure-aimed, as Hull said, at the Carnegies, the Vanderbilts, the Morgans and the Rockefellers. The leading "plutocrat" of the Senate, Nelson Aldrich of Rhode Island, first tried desperately to stave...

Author: /time Magazine | Title: TAXES: The Big Bite | 3/10/1952 | See Source »

...hangs heavy as doom. The womenfolk, both spangled and respectable, huddle helplessly on stairways and behind shuttered windows. Tense and motionless at the long bar stands a frieze of deputies and desperadoes. Even the bearded comic for once is solemn and wary. For this is the moment when virtue - lean, clean, manly, and quick on the draw - must face evil in single combat, to triumph or bite the dust...

Author: /time Magazine | Title: Cinema: The Wages of Virtue | 3/3/1952 | See Source »

...well-balanced combination of faith and reason which St. Thomas Aquinas made the Roman Catholic ideal. He holds deep religious and social convictions but has seldom been known to raise his voice in argument. As a religious journalist, in a field overripe with invective, he has kept his arguments lean, prudent and confidently patient. As he once wrote, "I am not so much trying to persuade people to walk on a certain road, as I am to show them the road that I am convinced they are sooner or later going to walk...

Author: /time Magazine | Title: Religion: Reasoned Optimist | 3/3/1952 | See Source »

...Exchange. Between stockholders' meetings, the corporate executives manage sugar and pineapple plantations, and manage them with great skill. They compete with each other for insurance business. They still have tight control of sugar and ultimate say-so over the Matson steamship line, but dominate very little else. They lean over backward to live up to the letter of their labor contracts with Harry Bridges' International Longshoremen's and Warehousemen's Union, and pay fancy salaries for labor-relations and public-relations advisers. "Hell," snorted a plantation owner recently, "they are so damn busy at Bishop & Merchant...

Author: /time Magazine | Title: TERRITORIES: The Brown & White Mosaic | 2/18/1952 | See Source »

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