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...Next spring Thomas Mann will get $15,000 for his 15 lectures. For the 23 lectures on Sinclair Lewis' crowded schedule, he will get $23,000. Although their agent makes the rates of such headliners as Mrs. Franklin Roosevelt and Aldous Huxley a carefully guarded secret, their net return will probably not equal the $33,000 that Dale Carnegie will be paid for his 55 inspirational talks in 55 towns...

Author: /time Magazine | Title: Books: Authors to the Road | 12/27/1937 | See Source »

...three. It found that the sale to Bethlehem Steel Corp. of the McClintic-Marshall Construction Corp., of which he was one of four stockholders, was not a reorganization as he claimed and that his estimated $6,549,000 profits from the deal therefore represented an actual taxable gain. Net result of the Board's decision, although it allowed many of the deductions and was hailed by his executors as "another victory for Mr. Mellon," was to make them liable to an estimated $600,000 in additional taxes. These they promptly announced would be appealed to the Circuit Court...

Author: /time Magazine | Title: National Affairs: Moral Victory | 12/20/1937 | See Source »

...McKinsey, 48, chairman of Marshall Field & Co.; of pneumonia; in Chicago. Educator (University of Chicago, 1926-35), business analyst, author of books on accounting and administration, Chairman McKinsey entered Marshall Field in October 1935, after the company had lost $12,000,000 in five years. He reorganized ruthlessly, reported net profit for 1935 of $199,000. In the first nine months of this year, net profit...

Author: /time Magazine | Title: Milestones, Dec. 13, 1937 | 12/13/1937 | See Source »

...only three of its charter members, gave its 1,716th performance, then celebrated at a dinner the end of Tobacco Road's fourth year. It had already run longer than any other play in Broadway's history except Abie's Irish Rose (2,532 performances); its net profits were over half a million...

Author: /time Magazine | Title: The Theatre: Birthday | 12/13/1937 | See Source »

...paying far more attention to learning about hotels as waiter and cook than to polishing his English. In 1915 he married and by 1927 he was making $12,000 as manager of Cincinnati's Hotel Gibson. Two years later, having jacked the Gibson's yearly net from $95,000 to $333,000, he was hired away to manage the vast Hotel New Yorker, opened in Manhattan ten weeks after the stock-market crash...

Author: /time Magazine | Title: Business: Bitter Boniface | 12/13/1937 | See Source »

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