National Affairs: Millionairea

Lake Forest, Ill., is the Newport, the Pass Christian, the Sewickley, the Pasadena, the Chevy Chase, the Brookline. the Glen Cove, the Haverford, of the Midwest. The socially-eligible, serious-minded Mayor of Lake Forest is Albert B. Dick Jr., whose father makes mimeograph machines and whose alarming younger brother writes poetry. Lately, Mayor Dick had a problem to solve.

One of his socially-equal fellow townsmen, Van Wagenen Ailing, became hard up. Lake Forest taxes were so high that Mr. Ailing felt the need of subdividing his estate for homesites. Mr. Alling's across-the-road neighbor, one...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!