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...educational institutions to determine which businessmen "best symbolize the traditional Horatio Alger career." Actually, only two of the winners had come up from rags to riches. They were General Electric's Charles E. Wilson, onetime $4-a-week shipping clerk, and I. J. Fox, who ran one fur coat into the largest U.S. fur chain. The rags of the other Alger boys had been well tailored. Coty's Grover Whalen was the son of a prosperous New York contractor; Pepsi-Cola's Walter S. Mack Jr. had struggled up from Harvard. But all remained true...

Author: /time Magazine | Title: Horatio Alger, Inc. | 7/21/1947 | See Source »

...almost shaking off his fur cap in his vehemence, summed up their feelings. He said: "The heads of our Governments would better solve the problems if they sat down at a table over a glass of wine." Then he quoted an old Russian saying: "Bez butylki ne razberesh" (You can't solve anything without a bottle...

Author: /time Magazine | Title: Foreign News: WE DON'T WANT WAR | 5/26/1947 | See Source »

...LEGITIMATE FUR BREEDING LIVESTOCK IS NORMALLY VALUED AT ABOUT THREE TIMES PELT VALUE, WHICH MAKES CHINCHILLAS [TIME, APRIL 28] WORTH ABOUT THREE TIMES A VERY DEBATABLE $25 TO $30, WHICH IS A LONG WAY OFF [CURRENT PRICES]. BIG CHINCHILLA STOCK SELLING POINT IS THE PROMISE TO TAKE UP BUYER'S OFFSPRING AS PRODUCT AT A BIG PRICE, WHICH OF COURSE CAN CONTINUE ONLY AS LONG AS FRESH SUCKERS ARE AVAILABLE. WHEN THIS STOPS, THE BUBBLE BURSTS AS IT DID EVENTUALLY WHEN SAME RACKET WAS PLAYED IN CANADA BEFORE...

Author: /time Magazine | Title: Letters, May 19, 1947 | 5/19/1947 | See Source »

...fur rancher and broker...

Author: /time Magazine | Title: Letters, May 19, 1947 | 5/19/1947 | See Source »

...belongs with George Caleb Bingham's painting, Fur Traders Descending the Missouri, as a work of art worthy of the artless wanderers who gave an American ring to the word freedom...

Author: /time Magazine | Title: Books: Mountain Men | 5/12/1947 | See Source »

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