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...thickly filled but that it can be used as a publicity medium by people with money enough to "pioneer" it. Last spring Publisher Joseph Medill Patterson of the Chicago Tribune; New York Daily News and nickel-weekly Liberty, rode around the Caribbean in a Sikorsky christened Liberty for benefit of press.* Last week Mr. Patterson's cousin-partner, Robert Rutherford McCormick, sent another Sikorsky from Chicago northeastward. This plane was supposed to fly a Great Circle course to Berlin for the glory of the Chicago Tribune ("world's greatest newspaper"), whose aviation editor, 200-lb. Robert Wood, went...

Author: /time Magazine | Title: AERONAUTICS: Untin' Bowler | 7/15/1929 | See Source »

Cousins Robert Rutherford McCormick and Joseph Medill Patterson, publishers of the strident Chicago Tribune, gave themselves and each other a Christmas present last week, five years in advance. In the Tribune, over both their signatures [magnified to seven-inch lengths], they published an "estimate" of what their national nickel-weekly Liberty is going to do by way of circulation in the next few years. Always forthright, they made this "estimate" in open comparison to Liberty's staid senior in the nickel-weekly field, The Saturday Evening Post. Always cheerful, their present to themselves was to show, on a graph...

Author: /time Magazine | Title: The Press: Christmas Present | 7/1/1929 | See Source »

...Wilson doesn't want a drink. If he spent a nickel for a schoonei of beer . . . he wasted his money. But I didn't waste mine...

Author: /time Magazine | Title: People: Jun. 17, 1929 | 6/17/1929 | See Source »

When Wheeling & Lake Erie stock holders met at Cleveland last week, the Taplins argued that the Van Sweringens should not be allowed to vote their Nickel Plate and Alleghany holdings, inasmuch as the Interstate Commerce Commission last month (TIME, April 29) ordered the Nickel Plate to "divest" itself of its Wheeling stock. Therefore, the Taplins argued, the Van Sweringens had no right to vote stock which they had acquired and were holding in defiance of the I. C. C. Compromising, the Van Sweringens voted to adjourn the meeting until August 1, at which date the legality of their Wheeling holdings...

Author: /time Magazine | Title: Business & Finance: Brothers v. Brothers | 6/3/1929 | See Source »

...John J. Bernet should certainly be listed as at least No. 1 Field Marshal. For though the Van Sweringens may handle the stocks and bonds, it is Mr. Bernet who has most to do with making the engines go and the cars follow them. In 1916 he took the Nickel Plate, commonly known as "a streak of rust," and quickly made it a sound and paying railway. In 1927 he was transferred to the Erie (not to be confused with the Wheeling & Lake Erie) and rapidly rehabilitated this over-capitalized dividend-passer. Last week was announced his appointment as president...

Author: /time Magazine | Title: Business & Finance: Brothers v. Brothers | 6/3/1929 | See Source »

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