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...days later Pinay fell. In his place came René Mayer, and one of Mayer's first acts was to oust Good European Schuman (TIME, Jan. 19). Last week new Premier Rene Mayer promised that parliament would soon have a chance to examine the EDC treaty, along with protocols which he said would modify but not basically change the treaty. Back home in the little world of St. diamond, tanner Pinay went over his factory accounts, and considered whether to run for mayor again in the spring municipal elections...

Author: /time Magazine | Title: WESTERN EUROPE: Innocence Abroad | 1/26/1953 | See Source »

...sons of my father. I am still heading the company because the employees want me to." Snapped Zenith Radio's tough, 62-year-old President Eugene MacDonald Jr.: "If [Ryerson] wants to retire, then it's time to retire." Grinning slyly, 93-year-old Meat Packer Oscar Mayer, still running his own company, said: "He should retire. That's not too young-for a banker...

Author: /time Magazine | Title: PERSONNEL: Openings for Young Men | 1/26/1953 | See Source »

...Santa Anita one night in 1947, horse fanciers and some of Hollywood's top stars looked down on a spotlighted auction ring for a notable equine event. On the block was the first lot of thoroughbreds from Cinemogul Louis B. Mayer's famed stable. As the sale began, L.B. jokingly whispered in the ear of Announcer Humphrey S. Finney: "I found Clark Gable as an extra and converted him into the biggest thing in pictures. Now I'm going to convert Finney into the biggest salesman in the horse business...

Author: /time Magazine | Title: CORPORATIONS: The Horse Traders | 1/26/1953 | See Source »

Thanks to the sale's Hollywood-like showmanship, prices soared to unheard-of highs; Harry Warner paid $200,000 for Stepfather and $135,000 for Honeymoon. In that and four subsequent sales, the Mayer horses were sold for $4,500,000, the biggest sum ever racked up by Finney' as announcer (i.e., sale manager) for New York's Fasig-Tipton...

Author: /time Magazine | Title: CORPORATIONS: The Horse Traders | 1/26/1953 | See Source »

Last week Mayer's predictions came true. As control of Fasig-Tipton Co., the biggest private auctioneer in the horse business, passed to new owners,* Humphrey Finney became executive vice president and general manager. He will continue as announcer (an official who works with an auctioneer at horse sales...

Author: /time Magazine | Title: CORPORATIONS: The Horse Traders | 1/26/1953 | See Source »

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