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William Lockhart Clayton, 62, was famed in his own right as the biggest U.S. cotton merchant. Now, working in fellow Texan Jesse Jones's RFC, he is seldom heard of, never quoted, almost never seen outside his office. But through his big, able hands pass all the multi-zeroed dealings of Defense Supplies Corp., which trades vital loans for Latin American raw materials, and other jobs...

Author: /time Magazine | Title: Roll of Honor | 8/10/1942 | See Source »

...Boeing is one of the three biggest U.S. heavy-bomber makers (the others: Martin and Consolidated), has sidelines in training planes, multi-place gliders and huge Navy flying boats to boot. Its order backlog is near $1 billion (v. only $23,000,000 in 1939); its 40,000 workers hatch warbirds three or four times as fast as a year ago. And, despite near-confiscatory taxes, its profits after taxes this year may top the whopping $6,113,000 earned last year...

Author: /time Magazine | Title: Business: Outcast into Hero | 8/10/1942 | See Source »

...great Billy Mitchell were still alive, his answer would be "yes." But Billy Mitchell is dead, with his rank posthumously upped and most of his prophecies as bright as the multi-colored ribbons that swatched the breast of his tunic. But except for a few civilian followers such as "Sascha" Seversky and Al Williams, his disciples are mute. Even at this stage of World War II, it is not politic for men in uniform to make predictions...

Author: /time Magazine | Title: AIR POWER: Offensive Airman | 6/22/1942 | See Source »

Under the supervision of Dr. Frederic L. Wells, the psychologist, the participant is presented with a paper covered with a multi-colored ink spot. He is asked to tell what he sees on the page, whether it be bugs or Hindu death masks, and each object is recorded by Dr. Wells. This is the Rorschach test which contributes to the formulation of personality traits. Lists of words are read to the man, and he repeats the first thing that comes into his head. Finally, several pictures are given him, and he writes a little story on several which...

Author: By Dan H. Fann jr., | Title: Grant Study Analyzes 'Normal' Individuals | 5/13/1942 | See Source »

...Multi-busy Deems Taylor steps into the presidency on a part-time basis,* and without salary. Feeling that "ASCAP ought not to be a one-man show," he plans to build a smooth-running organization to do the active work. Quipped Mr. Taylor: "I hope to get the presidency to the point where I will earn my salary...

Author: /time Magazine | Title: Music: Passing of Buck | 5/4/1942 | See Source »

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