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...pocketing daily commissions up to $60,000. U.S. Banker Otto Kahn called him "a greater financier than all of us." Britain awarded him a baronetcy (one of the few hereditary titles ever given a Canadian) for his World War I services in halting shipments of neutral nickel to Germany. In 1932, by investing a mere $8,000,000 in its depressed bonds, Dunn got control of Canada's $75 million Algoma Steel Corp., eventually parlayed the value of Algoma's stock from $7 to $375 a share...

Author: /time Magazine | Title: Milestones, Jan. 16, 1956 | 1/16/1956 | See Source »

...Andrew Mellon and the 19205 was resurrected in the 1954 G.O.P. tax bill recommended by the Eisenhower Administration and passed by the G.O.P. 83rd Congress. For every dollar of tax relief to stockholders, the Eisenhower Administration felt we could only 'afford' to give less than a nickel to working mothers, a little over a penny to families with foster children, less than a dime to families with heavy medical expense...

Author: /time Magazine | Title: DEMOCRATS: Ten for the Show | 1/2/1956 | See Source »

...forgery debt (by last week he had reduced the balance to $105.34), and seemed to be an exemplary family man. In his business he was erratic and clench-fisted, but he had a weakness for children, often selling 10? ice-cream cones to the local kids for a nickel. There were other inconsistencies in the picture. Not long ago, Jack stalled a pickup truck in the path of an oncoming train, collected from his insurance company. Last Labor Day a mysterious gas explosion damaged the Crown-A; the insurance company realized that it had been staged, but reluctantly paid Jack...

Author: /time Magazine | Title: CRIME: The Christmas Present | 11/28/1955 | See Source »

After he had piled up millions in San Francisco real estate, Reese still refused to pay a nickel for a streetcar ride and thought 25? too much for a dinner. A contemporary described him sitting in his shabby office, "before him a large pile of $1,000 U.S. Government bonds, and he was clipping off the coupons. That face! Like a hungry boy taking into his mouth a ripe cherry, or a mother gazing down into the face of her pretty sleeping child." To a Methodist preacher, Reese once said: "My love of money is a sort of insanity...

Author: /time Magazine | Title: Medicine: Peddler's Will | 11/28/1955 | See Source »

...haired wife Lucille, a onetime interior decorator, was riding the New Haven with Detroit Architect Minoru Yamasaki, bent on "perking up" the road's dark and dingy stations in what McGinnis calls (he "grey-flannel-suit area," i.e., Connecticut's commuter country. "Hell," explained McGinnis, "for another nickel you might as well make a thing look good...

Author: /time Magazine | Title: RAILROADS: Pigs & Pigs | 11/28/1955 | See Source »

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