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...profit of $4,555,537 in 1931-32, but paid only $2,615.76 in income tax (for which U.S. District Attorney Tom Dewey put him away for seven years in 1933). In the underworld of Al Capone, Legs Diamond and Dutch Schultz, Waxey luxuriated in a life of $10 silk underwear and shiny Lincolns, insisted that "the only two vices I've got are good clothes and a beautiful home." Out & in & out of jail since 1940, a terrified Waxey was nabbed last August in Manhattan with a pound ($200,000 worth) of heroin. "Kill...

Author: /time Magazine | Title: Milestones, Jul. 7, 1952 | 7/7/1952 | See Source »

...Averell Harriman would make an excellent President, but I am afraid it can't happen. He must first become a politician, and you can't make a sow's ear out of a silk purse...

Author: /time Magazine | Title: Letters, Jun. 23, 1952 | 6/23/1952 | See Source »

Detroit gave Ike a parade down Woodward Avenue to Cadillac Square. Paper showered down and cheers echoed loudly among the tall buildings. A man leaned out of a window and shouted: "Make him fight, Mamie, make him fight!" Mamie, carrying a red-and-white silk parasol, blew kisses at the crowd...

Author: /time Magazine | Title: REPUBLICANS: Ike's Second Week | 6/23/1952 | See Source »

...prison, plus an indemnity of 20,000 pesetas to be paid to Maria. But the 27-year-old ex-marquesa, who had taken time off from her job as a charwoman to testify, bore no grudge. Her work-reddened hands hidden in the folds of a rich, black silk dress, the one remnant of her marquesal wardrobe, she told the court: "Of course, he lied. But it could have been true . . . And for 15 days I was happier than I've ever dreamed of being. I am grateful...

Author: /time Magazine | Title: SPAIN: Poet's Sentence | 6/23/1952 | See Source »

...tremendous expansion in production. Soon dynel will be spilling out at a rate of 26 million Ibs. a year, Dacron at 35 million Ibs., Orion at 36 million Ibs. When that time comes, the wool industry, already quaking, will have to look sharp lest it go the way of silk...

Author: /time Magazine | Title: MODERN LIVING: Synthetic Surge | 5/12/1952 | See Source »

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