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Many of the migrants are young ex-G.I.s and merchant seamen, who got a taste of U.S. living during the war and turned their wartime savings into plane tickets for their families. But thousands are middle-aged and elderly Puerto Ricans, who sold all their possessions to raise the plane fare. Said one Puerto Rican, a university graduate who left a shoeshining job in San Juan: "If they could swim, the chickens would leave...

Author: /time Magazine | Title: NEW YORK: Sugar-Bowl Migrants | 8/11/1947 | See Source »

...week, as Bob came home from Chicago to St. Cloud to a 50-piece band, a Chamber of Commerce luncheon and a huge horseshoe of roses, he said enthusiastically: "Butler Bros, can become the General Motors of merchandise; the Du Ponts did it with automobiles. All the small-town merchant will have to do is stay home and take care of his store. Butler Brothers will do the rest...

Author: /time Magazine | Title: RETAIL TRADE: Enter the Du Ponts | 8/11/1947 | See Source »

Public-Power Man. David Eli Lilienthal was born in the little town of Morton, Ill., the son of Jewish immigrants from a village near the old Austro-Hungarian city of Pressburg. He spent his boyhood in Valparaiso, Ind., where his father was a small merchant, went on to De Pauw University, where he was twice president of the student body and an editor of the school paper. He turned into a promising light heavyweight boxer, and met a girl named Helen Marian Lamb...

Author: /time Magazine | Title: THE ADMINISTRATION: On the Other Side of the Moon | 8/4/1947 | See Source »

...Another merchant of gloom was Wall Street Analyst John H. Lewis,* a historical parallelist, who had made his reputation in July 1946 by announcing a bear market just as the market started down. Lewis, not willing to let go of his bear's tail, last week insisted that the market was still a bear. By the fourth quarter, he said, when exports fall off and more & more of the deferred consumer demand at home has been satisfied, a "real slump" will come; the "present bear market" will be intensified...

Author: /time Magazine | Title: WALL STREET: A Question of Identity | 8/4/1947 | See Source »

Nobody had figured out how 70,000,000 Japanese could make a living now that their economy was shattered by the liberation of Manchuria and Korea, by the almost complete destruction of their merchant marine, by loss of control of Asiatic markets, and by the deterioration of the industrial plant in the home islands...

Author: /time Magazine | Title: THE NATIONS: Can Japan Pay? | 7/28/1947 | See Source »

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