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Merrill Lynch boosted its business by going after the small investor in its 98 offices throughout the country. Just how well it did its job was shown by the geographical breakdown on its business. The Eastern states (New York, Pennsylvania, New Jersey and New England) contributed 22.7% of the total security and commodity business; the Southeastern states, 22.1%; the Middle West, 20.5%; the South Central, 17%, and the Western states...

Author: /time Magazine | Title: WALL STREET: Grass-Roots Broker | 2/14/1949 | See Source »

Industrial Breakdown...

Author: By Herbert P. Glesson, | Title: Failure in Korea | 1/10/1949 | See Source »

...Poll Breakdown...

Author: NO WRITER ATTRIBUTED | Title: College Refuses Deferment | 12/17/1948 | See Source »

...Barrett Wendell, who looked as if he might have stepped out of the court of Queen Elizabeth; pudgy Josiah Royce ("the Rubens of Philosophy," William James called him); and Philosopher George Herbert Palmer, who once told a student: "It will hurt nothing at your age to have a nervous breakdown. As a matter of fact, I sometimes think it would be a good thing . . ." And there was Charles Eliot Norton, the unappeasable pursuer of beauty. After his death, students guessed that he, would enter Heaven shading his eyes against the glare and protesting: "Oh! Oh! Oh! So overdone! So garish...

Author: /time Magazine | Title: Education: The Shining Faces | 12/13/1948 | See Source »

...Dodgers should be required reading in civics and political science classes throughout the U.S. Few books provide such detailed proof of the breakdown of political morality in the face of bribery and corruption. Irey, who wasn't greatly surprised by the rottenness he uncovered, found "something impressive about Mr. Truman's devotion to his larcenous constituent," Missouri's Tom Pendergast. Says Irey flatly: "Mr. Truman, then Senator Truman, used every bit of pressure that his office legally permitted to keep Pendergast out of jail...

Author: /time Magazine | Title: Books: What Elmer Did | 12/6/1948 | See Source »

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