Word: miraglia
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...fast spread of credit cards is based on one main assumption: most people are honest. Last week Joseph Robert Miraglia, 19, a $73-a-week office clerk from Manhattan's Lower East Side, showed what can happen when the assumption happens to be dead wrong. With a credit card and rubber checks cashed on the basis of credit-card identification, Miraglia told police he ran up $10,000 in hotel and travel bills and general high living in the U.S., Canada and Cuba in less than a month. Said Miraglia: "I always wanted to see the world...
...Chase Manhattan Bank. It permitted him to charge up to $300 in New York stores, pay it back at the rate of $25 a month. Last August he overdrew by $73, and the bank put a stop on further debt. Meanwhile, with his Chase card as a recommendation, Miraglia applied to the Diners' Club, American Express and Conrad Hilton's Carte Blanche for good-anywhere credit cards. Diners' and American Express turned him down; Carte Blanche sent him a card...
...faculty scholarships for third year men; Harold White Caldwell, Jacob Ebersole Crawford, Wellington Shelton Crouse, Douglass Danton Crystall, Warren Stillson Ege, Edward Feldman, Paul Wood Frum, Thomas Palmer Helmey, James McCauley Landis, Paul Duryes Miller, Edward Miraglia Jr., Anderson Ashley Owen, Paul Gerhard Rodewald, Samuel Robert Rosenthal, George Bentley Searles, Edward Sholom Silver, Benjamin Isadore Sperling, Pedro Orville Della Vedova, David Alden Watts...