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...than the $2,000,000 which was reported. Brisk, fortyish Partner Tullis is Commodore of the Southern Yacht Club, second in age in the U. S. only to the New York Yacht Club. Starting as an office boy, Mississippi-born Garner Tullis became a cotton firm clerk, then a trader, then one of the most astute traders on the New Orleans Cotton Exchange. He was Rex, King of Carnival in the 1935 Mardi Gras, highest social honor in the city. Partner Robert E. Craig II is 38, tall, slim, and a crack contract player who enters big tournaments with...

Author: /time Magazine | Title: Business & Finance: Cotton Crop | 12/28/1936 | See Source »

...credit will have to be found for the small farmer. Although fundamental changes will be necessary, Spain is not ready or well enough developed economically for pure Communism. We shall nationalize the banks, industries, mines, railroads and other transports, but we need the wealth provided by the small trader." This from Socialist No. 1 might be considered the Government's minimum pro gram, since Socialist No. 2 on one of his brief dashes to Madrid from the front had already declared: "We shall establish the dictatorship of the proletariat...

Author: /time Magazine | Title: SPAIN: Safety First | 9/7/1936 | See Source »

...training, tradition and conviction Will Clayton is a free trader. Any meddling with the economic machine is, to him, the supreme sin. Before the Bankhead Act] before the AAA crop reduction program, before cotton loans were instituted, before the Hoover Farm Board started to thrash around in the futures markets, Will Clay ton's favorite hate was the tariff. Said he, when ploughing-under was rampant: "There is only one means of preserving a correct balance between supply and demand in a great world commodity like cotton, and that is through the corrective influences of competitive price levels established...

Author: /time Magazine | Title: Business: Cotton & King | 8/17/1936 | See Source »

Lane of the Llano is the story of Jim (Lane) Cook as he told it to Professor T. M. Pearce. A white-bearded, sturdy old man, now 77, Jim Cook was born in what is now Kimble County, the son of an Indian trader who became a partner of John Chisum. He pronounced Guadalupe "Warloopy," mixed history, folklore, social theory with his memoirs, all of which was taken down by his audience. Jim was captured by Indians when he was n, grew up with them, married an Indian girl, escaped. He worked as a cowhand, knew Billy the Kid, outsmarted...

Author: /time Magazine | Title: Books: Texas Crop | 7/6/1936 | See Source »

Stephen Fuller Austin was a wiry little Missouri trader and politician who went down to Texas in 1821 to found, at San Felipe, the first permanent Anglo-American settlement in that raw Mexican territory. His father Moses had dreamed of the project, died before he could carry it through. William Barrett Travis was an impetuous young Alabama lawyer-school-teacher who married one of his pupils, went to Texas to get away from her. Sam Houston, hard drinker and hard fighter, quit the Governorship of Tennessee and drifted to Texas because his aristocratic young wife had left...

Author: /time Magazine | Title: National Affairs: Superlative Century | 6/8/1936 | See Source »

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