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Verdict. In Los Angeles, George Leingang was convicted of grand theft and fined $1,000 for selling "worthless oil land," four years later made a $1,000,000 strike...

Author: /time Magazine | Title: Miscellany, Aug. 23, 1948 | 8/23/1948 | See Source »

Checkmate. In Detroit, Vernon Dobson bought a car with a worthless check, sold it at a profit to cover the check with cash, discovered that he had been given a bum check himself...

Author: /time Magazine | Title: Miscellany, Aug. 16, 1948 | 8/16/1948 | See Source »

...taken lessons from some Renaissance master. But his subjects are a modern nightmare. His women, like modern Madonnas, mourn, eyes shut against the world. A disfigured war hero stares numbly out of his canvas, his blind eye patched with paper money, his chest covered with worthless medals of tin, cork, broken combs, and tiny crutches. Poleo's trees are dead, his earth pocked and parched, his cities mere ruins and rubble. In some paintings, there are no signs of life at all-only tiny ladders down which the human race has fled to escape an atomic...

Author: /time Magazine | Title: Art: Nightmare Alley | 7/19/1948 | See Source »

...bank, the D.A. charged, had known that Benjamin was a swindler. After he got his Title Guarantee loan, said the D.A., the bank had discovered that his collateral (invoices and bills of lading) was worthless. Instead of making this information public, the bank covered up for Benjamin. When other banks asked about his credit standing, Title Guarantee answered that Benjamin "knows the business very well," and that his "account has been very satisfactory." Result: Benjamin was able to borrow $320,000 more at other lenders' windows. He used part of it to pay off Title Guarantee, said he lost...

Author: /time Magazine | Title: BANKING: Payoff on a Payoff | 6/28/1948 | See Source »

When his literary agent icily described his novel as "worthless," Carnegie's "heart almost stopped." But, plucking up his courage, he decided to 'borrow the ideas of a lot of other writers" and make them into "the best book on public speaking . . . ever . . . written." This book flopped, too, and Carnegie decided that instead of borrowing from, or acting like others, "you must play your own little instrument in the orchestra of life." Out of the depths of his heart and personal experience, he drew How to Win Friends and Influence People. Today, wiry, white-maned Dale Carnegie...

Author: /time Magazine | Title: Books: A Kick in the Shins | 6/14/1948 | See Source »

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