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...dozen large buildings from his home town, Chicago, to San Francisco. Last week, moved by San Francisco sentimentalism as much as desire for profit, he bought the famed Hotel Mark Hopkins for $12 million. "I think," says Lurie, "it's the finest hotel in the world." ?A husky Virginian who knows his way around Washington as well as Wall Street, Carter Burgess, 45, last week moved up from the presidency to the chairmanship of widely diversified American Machine & Foundry Co., succeeding Morehead Patterson, who died fortnight ago. His acquaintance with both places should be useful: AMF faces an antitrust...

Author: /time Magazine | Title: U.S. Business: Personal File: Aug. 24, 1962 | 8/24/1962 | See Source »

...rare agreement with Minnesota's liberal Senator Hubert Humphrey, who demanded an immediate $5 billion slash in taxes. Treasury Secretary Douglas Dillon opposed any such remedy on the theory that it would interfere with the broad tax-reform program that the Administration has promised for later. Testifying before Virginian Harry Byrd's Senate Finance Committee. Dillon made this decision seem unshakably firm. Asked Byrd: "As the chair understands it, you have no immediate intention of recommending a tax reduction at this session [of Congress]?" Replied Dillon: "None whatsoever." But the policy was not really that solid. Dillon assumed...

Author: /time Magazine | Title: The Economy: Myths & Taxes | 6/22/1962 | See Source »

...convention's final acts, the D.A.R. elected as its new president-general a soft-drawling Virginian named Marion Moncure Duncan...

Author: /time Magazine | Title: Organizations: Determined DARling | 4/27/1962 | See Source »

Apparently, only a handful of Virginian teenagers have yet realized the full significance of these shenannigans. When John Glenn told them to take off from a church social which they were disturbing last Saturday, they knew what to do. Sure enough. They slugged him good and hard...

Author: NO WRITER ATTRIBUTED | Title: Dirt in Space | 3/17/1962 | See Source »

...something of a stir when he became a Roman Catholic. Not long ago, he talked to his old hunting pal Ernest Hemingway, who lay ill in Minnesota. Drawled the old cowboy: "I'll bet I reach the barn before you do." It was a line worthy of the Virginian, and only Coop himself could have topped it. A few weeks earlier, at a Friars Club dinner in his honor, he rose, carrying the secret of his cancer, and spoke: "If someone were to ask me, am I the luckiest man in the world, the answer would...

Author: /time Magazine | Title: Hollywood: The Virginian | 5/19/1961 | See Source »

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