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...significant sequel to Teddy's efforts to improve his football skills. At Harvard, Teddy fumed at the fact that Clasby could outrun him. "Dick," he said, "sometime in the next ten years I'll bet I beat you in a race." Last month, when Clasby, now a lumber broker in a Detroit suburb, visited Teddy in Hyannisport, Kennedy suddenly announced: "I think I'm ready for that bet now." Clasby looked bewildered, but Teddy recalled his old challenge. The two marked off a so-yd. course on the lawn-and Teddy won by two yards...

Author: /time Magazine | Title: Nation: Teddy & Kennedyism | 9/28/1962 | See Source »

...younger Shevlin prepped at the Hill School, attended Yale only briefly. Says a relative: "Tommy might have been at Yale a week-not even long enough to get his golf clubs unpacked." He worked briefly in the family lumber business, skippered a PT boat during World War II. A friend of the late Ernest Hemingway, Shevlin is an avid big-game hunter, polo player, deep-sea fisherman and golfer. Durie and Tom Shevlin now own a white colonial mansion across North Ocean Boulevard from the Joseph P. Kennedy estate in Palm Beach...

Author: /time Magazine | Title: The Press: An American Genealogy | 9/28/1962 | See Source »

...make up almost one-third of it. Greater Chicago and Southern California are among the areas where in 1962 for the first time more apartments than houses will be built. This is one trend that does little for the U.S. economy, because an apartment usually requires far less concrete, lumber and glass than a house. The average apartment costs 57% as much to build as the average single-family house. And because apartments usually go up in well-developed areas, they do not kick off a fresh round of construction of streets, sewers, schools and shopping centers. Neither do they...

Author: /time Magazine | Title: State of Business: The Tenant Gets a Break | 8/31/1962 | See Source »

...fair has given a lift to business throughout the Northwest, whose lumber and fishing industries have been hurting...

Author: /time Magazine | Title: Marketing: Fair Weather in Seattle | 8/24/1962 | See Source »

...pregnant by Cobb, she moved into a house he rented for her. Cobb, known as "W. Edward Cobb," showed up in Roanoke only sporadically -he was thought to be an insurance claims adjuster and aircraft inspector whose work kept him traveling. In Morganton, where he was actually a successful lumber broker, he explained his frequent absences to his wife of 19 years and to his adopted son by pleading the pressures of business and politicking. He shuttled back and forth between both homes like an airborne Alec Guinness, and fathered two children by Linda...

Author: /time Magazine | Title: Republicans: I Led Two Lives | 8/3/1962 | See Source »

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