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...Louis, the court of appeals upheld the sentence for misconduct in office imposed last year on James P. Finnegan, 52, erstwhile U.S. Collector of Internal Revenue in St. Louis and glad-handed pal of Harry Truman's. Finnegan's mistake: accepting fees from private companies for his services in two cases involving the Government while he was a federal employee. His sentence: $10,000 fine, two years in prison...

Author: /time Magazine | Title: National Affairs: Old Bones | 5/11/1953 | See Source »

Trapped between gunman and bomb, the captives sweat it out through all sorts of minor melodramatic outbursts: two of the hostages unsuccessfully try to knife and shoot the desperado (Stephen Mc-Nally); a doctor (Richard Egan) performs an emergency operation on the gunman's wounded pal (Paul Kelly); the doctor's spoiled wife (Alexis Smith) sees her lover (Robert Paige) shot to death; love comes to a hard-boiled nightclub entertainer (Jan Sterling) and a reporter (Keith Andes...

Author: /time Magazine | Title: Cinema: The New Pictures, may 11, 1953 | 5/11/1953 | See Source »

...from small loans, but he is not satisfied; he dreams of real wealth. The local priest advises Margayya to woo the gods with a special rite: mix the ashes of a red lotus with milk drawn from a smoke-colored cow. Sure enough, not long after, Margayya meets Dr. Pal, a sociologist who has written a book called Bed-Life, or the Science of Marital Happiness. The first chapters make Margayya blush, but they also make him want to read on. Then the idea hits him: he publishes Dr. Pal's manuscript under the discreet title, Domestic Harmony...

Author: /time Magazine | Title: Books: Hindu Businessman | 5/11/1953 | See Source »

...specialist on the subject of interest on capital, which seems to him "the greatest wonder of creation, [combining] the mystery of birth and multiplication." All goes well, except that his only son, once a charming little fellow, now becomes sullen and spoiled. Egged on by the worthless Dr. Pal, the boy tries to get more & more money from Margayya; when Margayya resists, Dr. Pal spreads a rumor that Margayya is a fraud. In a matter of hours, the bank is bankrupt...

Author: /time Magazine | Title: Books: Hindu Businessman | 5/11/1953 | See Source »

Another Grunewald pal was George Schoeneman, then commissioner of Internal Revenue. Schoeneman introduced Grunewald to Charles Oliphant, then the Revenue Bureau's chief counsel. They became fast friends; Grunewald gave Oliphant a $600 television set, two $200 room air-conditioning units for his house, an electric train for his children. Said Grunewald: "I'd call him up and say, 'Charlie, you happen to be busy right now?' And he would say he wasn't, so I'd go over and we'd have a talk." About what? "Anything," said Grunewald, "except we never...

Author: /time Magazine | Title: INVESTIGATIONS: The Clam & the Surgeon | 4/27/1953 | See Source »

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