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...does it... he is perfect." In October 1935, Actress Astor admitted on the stand, she had telephoned Mr. Kaufman, whom she had not met, from a Manhattan saloon, asked him if he would care to make her acquaintance. He would and did, the upshot being that playwright and actress spent ten days together in a "snug and delightfully cozy" Manhattan apartment. Miss Astor wrote in her diary that she asked Mr. Kaufman: "How is it that you don't tell me you love me?" The worldly, 47-year-old dramatist, according to the Astor diary, replied, "Well...

Author: /time Magazine | Title: Cinema: Thorpe v. Astor | 8/17/1936 | See Source »

...four wealthy New Yorkers got into an argument over which had the finest yacht. Upshot was the first ocean race, across the Atlantic from Sandy Hook to the Isle of Wight for a pot of $90,000 between Pierre Lorillard's 105-ft. Vesta, James Gordon Bennett Jr.'s 107-ft. Henrietta and the 106-ft. Fleetwing of George & Franklin Osgood. Choosing December as the windiest month, these three schooners set off with professional crews, many a misgiving in a rising wind. Vesta and Henrietta had their cockpits boarded over but not Fleetwing. On the eighth day, wallowing...

Author: /time Magazine | Title: Sport: Ocean Race | 7/6/1936 | See Source »

...upshot of this has been that the University has crowded many pieces of architecture on a well be-shrubbed 40 acres, has mortgaged its available fund to amortize loans for their construction, and is now turning hand springs in an attempt to convince the Legislature and the people from whom it derives all power (?) of the University's poverty...

Author: /time Magazine | Title: Letters, Jun. 22, 1936 | 6/22/1936 | See Source »

Atwater Kent radios originated one day after the War when Mr. Kent received an order for 10,000 headsets. Suddenly realizing that his plant was virtually ready to turn out complete radios instead of certain parts for other companies, he built a set by hand in his attic. Upshot was that for the next few years Atwater Kent was the fastest-selling radio on the market. Mr. Kent contributed little to radio science. Indeed, in 1927 he settled a whopping suit brought by Radio Corp. of America for patent infringement. What he did give the industry was mass production...

Author: /time Magazine | Title: Business: Kent Quits | 6/15/1936 | See Source »

...walls of U. S. banking to get anyone to take money from his RFC. Bankers who really needed Government money were scared to take it because of the onus attached to RFC loans. Those in a sounder position could not find use even for the money they already had. Upshot was that Mr. Jones finally persuaded big super-solvent institutions to sell him notes or preferred stock as a patriotic gesture, thereby setting an example for smaller banks to follow. One of the first to do this was Chicago's First National, then headed by the late Melvin Alvah...

Author: /time Magazine | Title: Business & Finance: Hail & Farewell | 4/20/1936 | See Source »

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