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...Silver to Underwear. The May Co. was as much chosen as choosing. Family-owned Fox has been dominated for 30 years by Mrs. Beatrice Fox Auerbach, who is now 78. Approached by several stores, she picked the May Co. partly because Morton May, like herself, is a third-generation merchant. The May Co. was founded in 1877 in boom town Leadville, Colo., by Grandfather David May, who turned from unsuccessful silver prospecting to selling other miners their overalls and red woolen underwear. Spreading east and west as far as Washington and Los Angeles, the store has traditionally allowed local managers...

Author: /time Magazine | Title: Retailing: Remaking the Image | 11/5/1965 | See Source »

...natural as two lumps in his cup of tea. The year was 1782, and there was Elkanah Watson, 24, a Massachusetts-born merchant visiting London with 100 guineas to burn. As he dined with the famous expatriate painter John Singleton Copley, Watson resolved to spend the money on a portrait of himself. Together they decided to include in the painting, as Watson wrote, "a ship, bearing to America the intelligence of the acknowledgment of Independence, with a sun just rising upon the stripes of the union, streaming from her gaff...

Author: /time Magazine | Title: Painting: The Man Who Left Home | 10/29/1965 | See Source »

...Crown. After token conciliation at Spithead, the government set its chin. In the Nore anchorage at the Thames mouth, a troubled old admiral named Charles Buckner listened with some sympathy to the complaints presented by the elected "president" of the mutineers, Richard Parker, the son of a grain merchant who had once been an officer himself but got cashiered for insubordination. But the Admiralty overrode him, offered only a single term: "unconditional submission...

Author: /time Magazine | Title: Books: When the Walls Shook | 10/29/1965 | See Source »

Weighed down by the world's highest taxes, labor and construction costs, the U.S. merchant fleet survives only by dint of vast Government subsidies...

Author: /time Magazine | Title: Shipping: Radical Reform | 10/15/1965 | See Source »

...Merchant Seaman Gerald Gormley was practically dead on arrival at Detroit's Receiving Hospital. While fighting off street-corner hoods, he had been stabbed in the back, and the knife blade had slit right through his descending aorta, the main artery that carries blood to the trunk and legs. He was losing blood so fast that his heart stopped beating while he was on the operating table. Though surgeons managed to sew up the aorta and got his heart pumping once more, seven months passed before Gormley left the hospital...

Author: /time Magazine | Title: Surgery: The Man Who Should Have Died | 10/8/1965 | See Source »

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