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...Lomas & Nettleton, a Dallas real estate financing company that had been invited in as a comanager. Among the hundreds of obligations are loans to owners of race tracks, jai-alai frontons, boat slips, tennis courts and a $5 million mortgage on Ohio's Cathedral of Tomorrow, whose minister, Sawdust Evangelist Rex Humbard, likes to exhort: "You'd better straighten out and fly right with God." Last year $52 million was on loan to parties-in-interest," meaning institutions or individuals who have business or fiduciary relations with the fund; 55 loans were classified as "uncollectible" and 26 were...

Author: /time Magazine | Title: INVESTMENT: Equitable Alchemy | 7/11/1977 | See Source »

...things that had to be corrected," Hine modestly remarked. "I wanted to show the things that had to be appreciated." This ambition arose quite early. Born in 1874 in Oshkosh, Wis., the son of a coffee vendor, Hine grew up working. "After grammar school in Wisconsin's 'Sawdust City,' " he recalled, "my education was transferred to the manual side of factory, store and bank. Here I lived behind the scenes in the life of the worker." But in 1901 he moved to New York and taught photography-the rudiments of the craft-to students at a progressive...

Author: /time Magazine | Title: Art: The Recording Angel of Labor | 3/28/1977 | See Source »

...Harvard riders never seemed to get used to the strange terrain of the Skidmore ring which was dry sawdust instead of the customary semi-packed dirt surface. Crisply hit shots rolled fifteen or twenty feet and sunk rather than flying across the arena. "It was terrible--we had to use our mallets like shovels to dig the ball out of the ground," Lodge said...

Author: By John Blondel, | Title: Harvard Polo Hits Skid Row | 2/22/1977 | See Source »

...annually, visiting 100 cities and logging 35,000 miles a year. To Vargas, a circus that had no tent would be no circus at all. He spurns the indoor variety as "air-conditioned and sterile. The animals' smell is clouded with disinfectant, and there isn't even sawdust. It's like watching a movie...

Author: /time Magazine | Title: AMERICAN SCENE: The Circus: Escaping into the Past | 5/24/1976 | See Source »

...family's motorcycling bears-one of whom had broken her husband's leg just three days before. Pat Anthony turned his eight lions and four tigers into tabbies. The aerial artists performed miracles with no safety net below. When 45 tons of elephants came thundering through the sawdust for the grand finale, the kids could almost reach out and touch their quivering flanks. The pachyderms reared up on their hind legs, unrolled their trunks, and trumpeted farewell...

Author: /time Magazine | Title: AMERICAN SCENE: The Circus: Escaping into the Past | 5/24/1976 | See Source »

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