People, Oct. 10, 1960

Old boxers never dive; they just fade away into legitimate businesses. Last week James Joseph ("Gene") Tunney, 62, world heavyweight champion from 1926 until he retired as an undefeated millionaire in 1928, was elected a director of Alleghany Corp., which is presumably strengthening its corner for a proxy fight with Texas' hard-swinging Murchison brothers (TIME, Oct. 3). In another corner, Rocky (Somebody Up There Likes Me) Graziano, 38, middleweight champion of a decade ago, was named president of a Long Island bowling center owned by New York's Acme Missiles & Construction Corp.

Apparently convinced that the French army will keep on trying...

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