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...Path Down. In his early days, Rojas' peacemaking might have worked. After he overthrew Dictator Laureano Gómez in 1953, he was hailed as the savior of Colombia. But one year later Rojas' tragic flaw-the strongman's inability to accept criticism-began to show through. With a heavy hand he began censoring newspapers, finally suppressed Bogotá's two leading dailies, El Tiempo and El Espectador. From there his path led only downward. His soldiers and cops shot down political opponents and students. By spending uncounted millions on arms and post-exchange luxuries aimed...

Author: /time Magazine | Title: COLOMBIA: The Strongman Falls | 5/20/1957 | See Source »

When William N. Deramus III, 41, took the throttle of the 3,240-mile Missouri-Kansas-Texas line three months ago (TIME, Jan. 21), railroaders agreed that the new president would put the coughing Katy back on the tracks if anybody could. With a reputation as a savior of sick railroads, Deramus came to Katy fresh from rescuing the Chicago Great Western Railway Co. from heavy debt, hoped to do the same for Katy, whose earnings skidded 37% in 1956, and whose preferred stockholders were due $106 million in dividend arrears. In short order, Deramus trimmed the Katy...

Author: /time Magazine | Title: RAILROADS: Savior with an Ax | 4/8/1957 | See Source »

Prophet & Savior. Charlie Merrill did not start out to bring Main Street to Wall Street. The son of a Florida country doctor, he spent two years at Amherst College, quit to work for Eastman, Dillon & Co. Later he set up his own firm, then teamed up with Edmund C. Lynch. As an underwriter and investment banker, Merrill Lynch helped set up such big chain-store operations as S.S. Kresge, Grand Union and Safeway Stores. As brokers, Merrill Lynch & Co. also built up a sizable business during the roaring...

Author: /time Magazine | Title: WALL STREET: We, the People | 10/15/1956 | See Source »

...names for him too. London's Tory Daily Mail calls him "Hitler on the Nile." The Peking press coos: "Egyptian brother." France's Premier Guy Mollet has called him "a megalomaniac" dictator. "This is how Fascist governments behave," warns Sir Anthony Eden. The Cairo press calls him "savior of the people," the Israelis say "highway robber," "treacherous wolf." Nehru's private verdict: "Too young and inexperienced." To France's Foreign Minister Christian Pineau, Nasser is "a congenital liar...

Author: /time Magazine | Title: EGYPT: The Counterpuncher | 8/27/1956 | See Source »

...great Savrola, savior of his country, confronts the "sombre-clad" assassin who has slain the Dictator. The act offends his nobility. "Vile scum!" Savrola cries, and he slashes the culprit across the face with his stick...

Author: /time Magazine | Title: Books: Great Man's Plaything | 4/16/1956 | See Source »

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