Sport: Operation Blue Chip

The rough, tough Toronto Maple Leafs seemed to have the game sewed up. Then, with 57 seconds to play, a Montreal forward slipped through the Toronto defenses and fired a goal to tie the score. If the Maple Leafs were ruffled by the turn of events—the game ended 3-3—they hid their chagrin behind the masks of dyed-in-the-wool pros.. So did their boss, Constantine Falkland Karrys Smythe.

"Conny" Smythe, 55, the shrewdest, best-dressed and most volatile club owner in the business, views hockey with a calculating, professional eye. As long as his Leafs are bouncing enemy players around like India-rubber men and the...

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