Word: newsboy
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...myth about the slum brat who makes it big in the underworld is curlicued with familiar movie romance. Clearly, Joseph Vincent Moriarty, who grew up in a rundown section of Jersey City, N.J., never had romance in his soul-or never saw the right movies. Known as "Newsboy" because in his youth he sold tabloids in the bars and restaurants of his neighborhood, Moriarty got into the policy numbers racket* when he was only 13, went on and upward to become Jersey City's No. 1 numbers boss. He was arrested no fewer than 25 times on gambling charges...
...giant U.S. Steel for nearly 20 years, who substituted a candid personal charm for the rough flamboyance of an earlier generation of steelmakers; of pleurisy complicated by uremia; in Ligonier, Pa. Born the son of an immigrant Welsh coal miner, he got his first taste of capitalism as a newsboy, worked his way to an engineering degree, climbed rapidly with common-sense solutions to production problems and a knack for mediating high-level disputes. As president of U.S. Steel from 1938 to 1953 and board chairman from 1952 to 1955, he mellowed Big Steel's attitude to organized labor...
...tale of triumph. When he took over as president of New York's junior exchange in 1951, McCormick-often called "Little Mac"-quickly made himself one of the most popular men in Wall Street. His personal history was the kind that warms the American heart: a onetime newsboy, he made Phi Beta Kappa while putting himself through the University of Arizona, then worked his way up from a $1,900-a-year job with the SEC to appointment by Harry Truman as an SEC commissioner...
Died. John Daniel Hertz, 82, Austrian immigrant newsboy who became a transportation tycoon by founding the Yellow Cab Co. in Chicago in 1915 and the Hertz Drive-Ur-Self in 1924, later retired to the race track (one possession: Count Fleet), but left off retirement to parlay more fortunes as a partner of Manhattan's Lehman Brothers, and devote his millions to creating an engineering scholarship fund; of a stroke; in Los Angeles...
...room, $75,000 mansion, calling it the "Bungalow." Goodhearted, free-spending Marion dispensed Hearst's money with a generous hand, soon became the most popular actress at the studio, paying doctor bills for office boys, distributing expensive gifts to grips and electricians, even paying a studio newsboy's tuition at private school...