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...MERCHANT BANKERS by Joseph Wechsberg. 365 pages. Little, Brown...

Author: /time Magazine | Title: Books: Money Magicians | 10/28/1966 | See Source »

London's dynastic Hambro family, the world's biggest merchant bankers, started their moneymaking art two centuries ago, when a Hambro sea captain got word that the Queen of Denmark had died in Paris; he promptly cornered the market for crape in Copenhagen. Britain's Baring banking clan made a great leap forward by arranging an $11,250,000 bond issue for Thomas Jefferson's Louisiana Purchase. The Rothschilds of Paris and London grew to prominence by smuggling millions in gold through Napoleon's line to Wellington's forces in Spain. Such...

Author: /time Magazine | Title: Books: Money Magicians | 10/28/1966 | See Source »

...Sarah Lawrence girl is turning into a wonderful rug merchant. After she married Sikkim's King Palden Thondup Namgyal, the former Hope Cooke winced at the garish mats that some of the Sikkimese weavers were making with aniline dyes, decided that they must go back to traditional vegetable dyes to give their ancient dragon patterns a softer tint. The King had helped to establish a handicrafts training center in his tiny Himalayan kingdom, and flew to New York with his queen in time to watch the first shipment of rugs go on sale (prices: up to $500). But Sikkim...

Author: /time Magazine | Title: People: Oct. 21, 1966 | 10/21/1966 | See Source »

What's Up, Tiger Lily? Woody Allen, as televiewers know, is an anonymous little giggle merchant who looks like a slight defect in the wallpaper pattern and makes funnies that are so far out they sink before the slow boats get there. One day, for instance, he appeared in public leading his pet ant on a leash. On other occasions he wondered evilly if Memorial Day poppies contain opium, tsked sympathetically about a resolutely modern painter who cut off his ear with an electric razor, revealed regretfully that he once owned a silver mine but it tarnished...

Author: /time Magazine | Title: Cinema: Jap Jape | 10/14/1966 | See Source »

...Fairness & Equality." For all his civic zeal and his personal flair for the good life on a 200-acre Connecticut estate and at his Florida mansion, Gimbel was more than anything else a shrewd merchant. He was hardly out of the University of Pennsylvania and into the Philadelphia Gimbels store before he was pushing drastic changes on his father and six uncles. The family business had started in Vincennes, Ind., in 1842. The Gimbel brothers built bigger stores in Milwaukee and Philadelphia, but "Bernie" insisted that they move to New York, where the real action was. He picked...

Author: /time Magazine | Title: Retailing: The Ruler of Greeley Square | 10/7/1966 | See Source »

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