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People often thought Charlie Merrill spent his wealth as fast as he made it. He cut a wide swath through international café society, loved good food and champagne. He owned three luxurious homes (in Palm Beach, Fla., Southampton, L.I., and Barbados), and embarked on an equal number of marriages...

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

...slowed him to a point where he went into semiretirement. Though he was a rich man with a 20% interest in his firm (which he left in trust to colleges, churches and hospitals), he never retired entirely. Last week, at 70, Charlie Merrill died in his sleep at his Southampton home. Recently he gave one of his last bits of advice to Main Street: "I think every American would do well to invest one-twelfth of his investable funds monthly in stocks over the next five years...

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

...British aircraft carrier stood at the ready, and a supply fleet of 130,000 tons waited off Southampton to load equipment for the Middle East. Britain's Anthony Eden seemed confronted with the choice of making good on his assiduous saber-rattling or accepting a humiliating backdown. "Will there be war over Suez?" was the question on British minds last week as the Prime Minister stepped to the dispatch box in the House of Commons and faced an aroused Labor Party, vociferously vowing to pluck him bodily from the brink...

Author: /time Magazine | Title: Foreign News: The West Acts | 9/24/1956 | See Source »

...pennant chase continued, an old clutch-hitter with a reputation for breaking up tight ball games and a well-known affection for Harriman was asked what he thought of the current crop. Said Harry Truman in Southampton just before heading home from his European tour: he didn't care to comment just now. But then, with Casey Stengel shrewdness, he added: "I'll have plenty to say later...

Author: /time Magazine | Title: DEMOCRATS: Who's on First? | 7/9/1956 | See Source »

...victory in the 1956 Mobilgas Economy Run last week. At the end of the four-day, 1,468-mile course from Los Angeles to Colorado Springs, the trophy for the best gas mileage, won by lightweight Studebakers the last two years, went to a 4,580-lb., Chrysler Imperial Southampton (list: $5,618), piloted by 26-year-old Mel Alsbury Jr., of Hollywood...

Author: /time Magazine | Title: AUTOS: Heavyweight Champions | 4/2/1956 | See Source »

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