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...Samuel Matthews Vauclain of Philadelphia's gigantic Baldwin Locomotive Works sent $6,965,000 worth of locomotives on credit in July 1919, to the War-torn infant Republic of Poland, his board of directors thought keen level-headed "Sam" Vauclain had forsaken business for his favorite role of philanthropist. They worried. All Europe was financially unbalanced by post War deflation. Poland was still at desperate grips with the Red Army of new Bolshevik Russia. Furthermore, the Baldwin Locomotive Works was at the dangerous stage of turning from Wartime manufactures, productive of $250,000,000 worth of munitions and locomotives...

Author: /time Magazine | Title: POLAND: Vauclain Vindicated | 8/12/1929 | See Source »

Chairman of a New York state commission to develop Saratoga Springs as a moderate-priced health resort is Bernard Mannes Baruch, Manhattan financier-philanthropist. His father, Dr. Simon B. Baruch of Camden, S. C., was one of the first to recognize Saratoga water's medicinal value. Last week Commissioner Baruch and a committee of U. S. physicians began a study tour of the spas of Germany, beginning at Bad Kissingen, Bavaria...

Author: /time Magazine | Title: Milestones: Aug. 5, 1929 | 8/5/1929 | See Source »

Nicely pre-arranged was the ceremony of acceptance. Heading the committee was August Heckscher, octogenarian philanthropist, whose slum elimination project on the city's lower East Side Mayor Walker has helped. A change in the city administration might disturb Mr. Heck-scher's chief philanthropic hobby...

Author: /time Magazine | Title: POLITICAL NOTES: Who Could Say 'No'? | 7/29/1929 | See Source »

Patient butt of many an ignominy has been Princeton's famed statue "The Christian Student" Given by the late Philanthropist-Alumnus Cleveland Hoadley Dodge, it represents in seraphic terms the athlete, by means of its football attire; the student, by books and an academic robe slung over the shoulder; the Christian, by a noble, slightly disapproving expression...

Author: /time Magazine | Title: Education: Fallen Christian | 7/8/1929 | See Source »

...conventional modes of employing great wealth have not appealed to Edith, daughter of John D. Rockefeller, one-time wife of Harold Fowler McCormick, lion huntress, psychoanalyst, philanthropist, social arbiter. Her method of using her money was to incorporate herself. In 1923 she organized the Edith Rockefeller McCormick Trust, capitalized with a five-million-dollar contribution from her and $1,500 apiece from Chicago realtors Edwin D. Krenn and Edward A. Dato. Last week the E. R. M. Trust announced a new financing of eleven million dollars in five year 6% gold notes, "unconditionally guaranteed as to payment of principal...

Author: /time Magazine | Title: Business & Finance: Heiress, Inc. | 7/1/1929 | See Source »

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