All Sorts & Conditions

Earnest, spectacled William McChesney Martin Jr., 34, who looks more like an apple-cheeked bumpkin than the $48,000-a-year president of the New York Stock Exchange, resigned his job, and last week joined the U.S. Army at $21 a month. Because willing service by the wealthy is good draft publicity, Manhattan's Selective Service publicity used the occasion to set off plenty of red fire. Mr. Martin cooperated. With $30 in his wallet ("I suppose I shouldn't have that much"), little more than a change of underwear in his zipper bag, he cheerfully suffered...

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!