Such unseemly things as rubber checks, accusations of "goldbricking" and confessions in the attorney general's office seemed as far away as the man in the moon when last month a dignified, well-printed and well-written new business weekly called The Financial Observer appeared in Manhattan's downtown section (TIME, Feb. 15). At $10 a year, The Financial Observer booked 1,000 subscribers, among them J. P. Morgan. Newsstand sales went to 9,000 a week. Backer of the Observer was one John Bruce Heath. His respectable and even eminent staff* understood John Bruce Heath was a...
To continue reading:
or
Log-In
