Business: Bitter Boniface

A beetling, black-browed Viennese with a thick accent and a passion for hotels is Ralph Hitz, president of National Hotel Management Co., Inc. According to legend, this son of an Austrian horse dealer ran away from home to become an elevator boy in Vienna's Hotel Sacher, was coaxed back into the family on the promise of being taken to New York. Three days after he arrived in 1906, prodigal, 15-year-old Ralph Hitz ran away again, became a $3-a-weekbusboy in a Broadway hashhouse. Then for nine years he crisscrossed the U. S., paying far more...

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!