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...yawl that followed her into port six hours later-the famed Dorade, owned by Roderick Stephens Jr., 23, who was her captain last week and his brother Olin, 24, her designer. On corrected time, Flame dropped into third place and another U. S. boat, Henry and Sherman Morss's schooner Grenadier, was second. Sixth and last was the scratch boat Ilex. Said Robert Somerset, skipper of the Flame: "Flame went fast but so did Dorade and it was difficult to shake her off, although she is a much smaller boat...

Author: /time Magazine | Title: Sport: Again, Dorade | 8/7/1933 | See Source »

...Stephens brothers won the Newport-to-Plymouth trans-atlantic race in 17 days, then won the biannual Fastnet race for the first time. Last year Dorade was first in her class in the New London-to-Bermuda run. This spring, with a crew of five intruding famed Sherman Hoyt, who has navigated the Atlantic on everything except an inflated tire tube, the Dorade sailed for Norway in May. She arrived in 24 days after encountering two gales in one of which Roderick Stephens had to go aloft for three hours to repair a spreader on the mainmast...

Author: /time Magazine | Title: Sport: Again, Dorade | 8/7/1933 | See Source »

...would General Johnson step in to control prices, once the President had suspended the Sherman Anti-Trust Law to permit industries to make price agreements? He had two courses open: 1) slap an operating license upon an industry that starts kiting prices and then, unless prices return to earth, revoke the license and put the industry temporarily out of business; 2) get the President to rescind his suspension of the Anti-Trust law for the offending industry, leaving it open to prosecution for monopolistic price-upping...

Author: /time Magazine | Title: INDUSTRY: In a Goldfish Bowl | 7/3/1933 | See Source »

Anti-Trust Laws. The President is to set aside at will the Sherman and Clayton Acts to permit industrial work & wage codes to operate legally. The Senate attempted to nullify industrial control by prohibiting price-fixing. A tacit admission that price-fixing is to form a part of most trade agreements was made when that prohibition was finally knocked...

Author: /time Magazine | Title: INDUSTRY: Recovery Act | 6/19/1933 | See Source »

...Ernie") Byfield is today Chicago's most famed hotel keeper. A shrewd and amusing businessman whose friends range from Admiral Richard Evelyn Byrd to Accordionist Phil Baker, he owns the quiet, fashionable Ambassador East, the gayer Ambassador West where Ernie Byfield entertains leading stage and screen folk, the Sherman where Ben Bernie is master of ceremonies in the College Inn night club, and the Fort Dearborn, a low-priced house catering to railroad workers. Ernie Byfield is president of College Inn Products, Inc. (not in receivership) which claims to have invented the tomato juice cocktail. Last year...

Author: /time Magazine | Title: Business: Chicago Hotels | 6/19/1933 | See Source »

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