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...Marsh, most modern art is "phony sub-primitivism. Critics may not know what's wrong with Picasso, but any layman can tell you. The question is, what does it mean?" Questioned as to the meaning of his own work, Marsh says with a faintly puzzled air that it means what it describes-New York. "This is a new city, wide-open to an artist. It offers itself...

Author: /time Magazine | Title: Art: Make Mine Manhattan | 12/27/1948 | See Source »

...largest U.S. producer of wallboard and similar wood products last week took over one of its biggest customers. In return for 81,250 shares of its own stock (current value: around $4,550,000) Masonite Corp. bought control of Marsh Wall Products, Inc. of Dover, Ohio, No. 1 finisher of Masonite wallboard. For 23-year-old Masonite, the deal will enable it to turn out finished products (doors, panels, etc.) for sale to the building trade. For Marsh Wall, it marked a new chapter in a happy saga of family enterprise...

Author: /time Magazine | Title: CORPORATIONS: All in the Family | 12/27/1948 | See Source »

Around the Table. The heroine is a chipper, bright-blue-eyed great-grandmother (five times over) named Mrs. Catherine Marsh, born 88 years ago this Christmas Day. When her husband, a traveling electrical engineer, was killed by a Coney Island subway train in 1905, Mrs. Marsh was left with seven sons and two daughters (the oldest son at home was 16), no insurance and a $4,500 mortgage on the Ohio farm where they lived...

Author: /time Magazine | Title: CORPORATIONS: All in the Family | 12/27/1948 | See Source »

Forced to move, they settled in nearby New Philadelphia. There Mrs. Marsh kept the family together by iron determination and a switch that was put to stinging use whenever any of the boys broke her cardinal rule: "Don't fight among yourselves. You must depend on each other." By mowing lawns, selling papers, and other odd jobs, and paying heed to "Mother," the Marshes made ends meet. In six years Mother Marsh bought a white frame house...

Author: /time Magazine | Title: CORPORATIONS: All in the Family | 12/27/1948 | See Source »

...years later, Alvin, her third son, had a chance to buy a back-alley lumberyard in the neighboring town of Dover, but he could find no one to lend him the money. At the first of many similar family councils around the dining room table, Mother Marsh talked things over with the whole brood, finally decided to mortgage the house to back Alvin. Starting with $1,700, Alvin soon made enough to move out of the alley, set up two branches in other cities...

Author: /time Magazine | Title: CORPORATIONS: All in the Family | 12/27/1948 | See Source »

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