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...Maurice Goldblatt is a brash, unpolished little man who dedicated himself at an early age to a relentless pursuit of wealth. He made a pile. In the process, he became one of the ranking merchant princes of Chicago's famed State Street...

Author: /time Magazine | Title: ILLINOIS: The Horsepower | 12/8/1947 | See Source »

...three years ago, at 51, Maurice Goldblatt made the striking discovery that there are things that money won't buy. The discovery came with the death of his brother Nathan. Nathan was a year younger than Maurice. As boys in Poland, they had slept in the same bed. They had emigrated to the U.S. 40-odd years ago. They sold newspapers together. When they had saved up a few hundred dollars, they opened a small dry-goods store together. They prospered and bought more stores...

Author: /time Magazine | Title: ILLINOIS: The Horsepower | 12/8/1947 | See Source »

Their crowning achievement was buying into State Street in 1936. The newcomers were none too popular with such established State Streeters as Marshall Field and Carson Pirie Scott. But Goldblatt bargains were attractive, and sales zoomed. Maurice and Nathan kept their profits in one bank account. They drove to work in the same Duesenberg...

Author: /time Magazine | Title: ILLINOIS: The Horsepower | 12/8/1947 | See Source »

When Nathan died, Maurice lost his zest for business. He got to brooding about the thing that had killed his brother -cancer. One day he announced: "From now on, all I want is to see cancer licked." As soon as the two younger Goldblatt brothers, Joel and Louis, returned from the war, Maurice turned the family's 15-store, $86-million-a-year business over to them and went out to fight cancer...

Author: /time Magazine | Title: ILLINOIS: The Horsepower | 12/8/1947 | See Source »

...Maurice Goldblatt went down to the Midway to see what new facilities were needed. At first, he and the scientists found each other mutually forbidding. The fast-talking little (5 ft. 4 in.) merchant used business lingo and bad grammar. (Once, when a woman innocently asked Goldblatt if he spoke French, he replied: "Lady, I don't even speak English.") What the scientists said seemed like Greek to Goldblatt, until he told them to "write it down and draw pictures." Eventually he learned that they wanted a new research hospital (cost: $1,600,000), a cyclotron...

Author: /time Magazine | Title: ILLINOIS: The Horsepower | 12/8/1947 | See Source »

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