Business: Foshay's Fall

Not the tower but the man who built it fell last week.

The tower was the Foshay Tower in Minneapolis. Modelled after the Washington Monument, its 32 stories rise 447 ft. 3 in. above street level from a larger square base two stories in height. Last August when Secretary of War James William Good helped dedicate it, it was ecstatically dubbed the "Washington Monument of the Northwest."

The man was short, plump, roundfaced, grey-haired, swift-speeched, handshaking Wilbur Burton Foshay, whose custom it has always been to give weekly...

Want the full story?

Subscribe Now

Subscribe
Subscribe

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 TIME.com

Learn more about the benefits of being a TIME subscriber

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