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...Rid of Him. In February 1952 King George died. Stricken deeply by the first real blow ever dealt in her sheltered life, Princess Margaret turned for comfort to the church and to Peter Townsend, himself a deeply religious man. Meanwhile, the circumstances that put Elizabeth into Buckingham Palace and sent her mother and sister to the comparative obscurity of Clarence House made Peter Townsend more indispensable than ever. In the midst of a domestic crisis of his own, he took complete charge of readying the new residence, managed the Queen Mother's purse strings and even supervised the mixing...

Author: /time Magazine | Title: GREAT BRITAIN: The Choice | 11/7/1955 | See Source »

THANK YOU FOR WONDERFUL OCT. 17 REVIEW, "DEALER'S CHOICE: THE WORLD'S GREATEST POKER STORIES." SURPRISED, THOUGH, AT NO MENTION OF WONDERFUL STORY, "LET'S GET RID OF THE RIBBON CLERKS," BY ROBERT MCLAUGHLIN, TIME'S RADIO-TV EDITOR . . . TIME HAS ALWAYS BEEN, AND WILL REMAIN, THIS DEALER'S CHOICE...

Author: /time Magazine | Title: Letters, Oct. 31, 1955 | 10/31/1955 | See Source »

...move to new quarters. Behind the sale was a change in policy brought on at stiff-backed Tiffany's by Board Chairman Walter Hoving, whose Hoving Corp. bought control of the firm in August (TIME, Aug. 29). There was also a merchandiser's desire to get rid of $340,000 worth of china and glassware that was not moving, along with items of jewelry and leather goods. Among the bargains: a silver tea set that had been on the shelves for more than ten years, cut from $12,500 to $6,000; a gold compact, from...

Author: /time Magazine | Title: RETAIL TRADE: Bargains at Tiffany's | 10/31/1955 | See Source »

...that, to help find some buyers. Finally, in desperation to get their big stocks open, the specialists did the only thing they could do: they started buying the stocks for their own accounts, gambling that the break was only temporary and that they would soon be able to get rid of the shares. One specialist was forced to lay out $618,000 to buy 25,000 shares of American Airlines; two others paid out $605,000 apiece for 22,000 shares of U.S. Steel stock; the Union Carbide specialist dug into his own funds...

Author: /time Magazine | Title: WALL STREET: Black Monday | 10/10/1955 | See Source »

...I.L.A. bosses called the strike against the New York-New Jersey Waterfront Commission, set up (with the approval of Congress) in 1953 to get rid of I.L.A. goons and racketeers. The commission had barred from the docks 670 hoodlums with criminal records, abolished the daily "shape-up" (at which I.L.A.-blessed bosses doled out jobs) and opened its own hiring halls for the port's 31,900 longshoremen. The I.L.A., which beat out an A.F.L. rival to win a union-shop contract last year, set out this summer to stop the commission's slow cleanup...

Author: /time Magazine | Title: LABOR: The Humanitarians | 9/26/1955 | See Source »

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