Word: millions
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Dates: during 1920-1929
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...buried. The greatest problem in advertising today is to get advertisements in magazines where they will actually be seen. I am sure that any advertiser derives far greater returns from an advertisement that is actually read by one hundred thousand people than by an ad reaching three million people - most of whom an do not even see it, and very few of whom actually read the copy. Therefore TIME is to be congratulated on its wisdom. HARM WHITE President The Harm White Co. Cleveland, Ohio Sirs: There is a need for a newsmagazine such as TIME which can be read...
...corner with his newspapers, sold them out swiftly by the expedient of crying, falsely, facetiously, "Doubleuxtree! Charlie Ross is found!" There is a Loop story that when the late J. Ogden Armour was in a state of acute financial difficulty, Mr. McCulloch offered him a check for one million dollars. "Thank you, Charlie," said Mr. Armour, "but it wouldn't be a drop in the bucket." Mr. McCulloch lives at No. 936 Lake Shore Drive...
...home for the garbage of Detroit and vicinity. His plan: to reduce garbage to grease, fuel and fertilizers at the Ford plant. Turning garbage into grease may sound to inexperts like catching mumps to cure measles, but to the Detroit city fathers it means a saving of several million dollars. The city will collect the garbage, deliver it to the Ford reduction plant; all further costs will come out of the Ford pocket. A Ford-operated garbage-to-grease plant has effectively reduced London's garbage disposal costs...
...credit. So, since the Bank of Telluride was Chase's correspondent, and the man with the drafts was readily identified as Telluride's President Waggoner, his drafts to the extent of $495,000 were quickly honored. Thus the man from Colorado had in his possession nearly a half-million dollars in the form of paper bearing the Chase certification...
...while detectives were still searching for the missing banker, the half-million fraud produced another surprise. For what had Banker Waggoner done with his $495,000 drafts? Cashed them and gone to South America? Not at all. He had used the money to pay to other banks money which his Bank of Telluride owed them. He had robbed Peter (the six Manhattan banks) to pay Paul (three banks which were creditors of his bank).* Thus Waggoner had apparently not engineered his scheme for any personal profit, but had sacrificed himself for his bank, which for a long time had been...