People: The Personal Approach

Soprano Margaret Truman estimated that her 1950 earnings from concerts, radio and records might come to $75,000, but expenses would "cut my gross income in half." Also, she told the Saturday Evening Post, "there is a little man with a big book down at the Internal Revenue office—but who am I to gripe about taxes?"

James J. ("Big Jim") Jeffries, 75, heavyweight champ who was knocked flat in 1910 by Jack Johnson, the first Negro champ, observed that the fight game has become so sissified that "I'd rather see a wrestling match ....

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!