Word: mcchesney
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Earnest, spectacled William McChesney Martin Jr., 34, who looks more like an apple-cheeked bumpkin than the $48,000-a-year president of the New York Stock Exchange, resigned his job, and last week joined the U.S. Army at $21 a month. Because willing service by the wealthy is good draft publicity, Manhattan's Selective Service publicity used the occasion to set off plenty of red fire. Mr. Martin cooperated. With $30 in his wallet ("I suppose I shouldn't have that much"), little more than a change of underwear in his zipper bag, he cheerfully suffered many...
...White House that he went off on a long vacation to the Virgin Islands. About that time rumors spread that he was through with Washington, and he began getting offers of private jobs (including a feeler asking if he would like the $48,000-a-year post William McChesney Martin was vacating as head of the Stock Exchange). Since then four things have happened to change this picture...
...Caruso's American-born widow, Mrs. Dorothy Benjamin Caruso Ingram Holder, who lives near by, reported that since the armistice she had lost 22 lb. - Ordered to report April 16 (a month earlier than expected) for his year's military service was bespectacled, Sabbath-observing, unmarried William McChesney Martin Jr., 34, $48,000-a-year president of the New York Stock Exchange. - After doing her best to save civilization at Geneva, pale, implacable Alice Paul, founder, chairman and planetary lobbyist of the World Women's Party for Equal Rights, landed in New York City, announced...
Quite different is William McChesney Martin's district on Manhattan's East Side. The district board chairman is Colgate Hoyt, who is a member of Mr. Martin's Stock Exchange. The board's main problems are not financial but psychiatric: the district is crammed with writers, musicians, radio performers, interior decorators. Many of them do not want to serve, manufacture fantastic excuses. Many more are willing but not wanted by the Army. Said the board's chief clerk: "You'd be surprised about those interior decorators...
...sombre old Governors' Room of the New York Stock Exchange, young William McChesney Martin Jr.-about to retire after three years as president-stood before 700 members last week and delivered what he called his valedictory address. The market had just closed with a day's sales of only 290,000 shares; the month just ended had been the worst February in 26 years. The Exchange itself had lost $981,348 in 1940 on top of 1939's $1,149,373 deficit; its broker members, who live on volume, presumably had lost a lot more than that...