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...National Electric Power Co. in 1923, spread it farther & wider through the Middle West, sold out to Insull in 1926. In 1929 he returned to the power business by buying into the Byllesby system's Standard Power & Light. An associate in this foray was famed International Banker Albert Loewenstein, who (Emanuel intimated before the TNEC last month) was readying a plan to grab control of a large cut of the U. S. public utility industry when he dropped out of a transport plane into the English Channel...

Author: /time Magazine | Title: HOLDING COMPANIES: Bankers' Banyan | 2/19/1940 | See Source »

Victor Emanuel met Loewenstein in England, where he has spent many a season steeplechasing and riding to hounds. (He was once Master of the Woodland Pytchley hounds.) Between times he has thinned his hair, widened his girth by syndicate operations in a swivel chair. Still president of Standard Power & Light, he entered what he calls "the Aviation Corp. situation" in 1937. Last fall he strengthened his hold by a typical maneuver...

Author: /time Magazine | Title: HOLDING COMPANIES: Bankers' Banyan | 2/19/1940 | See Source »

...hard luck it might have seemed, for it enabled him to collect $42,875 in insurance to finance an invention. The invention failed and not long afterward he fell ill and died. In fairly rapid succession, so did his 3-year-old daughter, Ingeborg; an aunt, Suzanne Loewenstein; and the family seamstress, Anna Kittenberger. In each case Mrs. Martha Marek was in close attendance. Last week in Vienna a horrified Nazi judge put an end to Frau Marek's ghastly livelihood. For it was she who had sliced off her husband's leg, she who had killed daughter...

Author: /time Magazine | Title: GERMANY: Devil in Petticoats | 5/30/1938 | See Source »

Prince Johannes zu Loewenstein is not a roulette player himself. Scion of an ancient noble German line, he is a 37-year-old Doctor of Philosophy who lives in Vienna, a brother of Hubertus Loewenstein, prominent German Catholic. Passing through Baden two years ago, tall, solemn Prince Loewenstein stopped at the casino to watch a roulette table in action. He was impressed by the jitters of notetakers who tried to write down not only the numbers which turned up, but their colors, their positions on the transverse and vertical rows of the betting cloth and various other group affiliations. There...

Author: /time Magazine | Title: Science: Gadget for Gamblers | 3/21/1938 | See Source »

After two years of work. Prince Loewenstein had the machine in shape, called it Appareil Chance, patented it in all countries where gambling is legal. Housed in a rectangular box only seven and one-half inches long, the device works something like a combination typewriter and adding machine. When a number turns up on the roulette wheel, the operator spins a knob on the machine to that number. This rotates into position a drum of type carrying all of the number's group affiliations. Then a lever is pressed and the data are printed on a roll of paper...

Author: /time Magazine | Title: Science: Gadget for Gamblers | 3/21/1938 | See Source »

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