Magazine content is available exclusively for TIME subscribers.MEXICO: Hanging up the Homburg
Setting his Homburg square on his head, a heavy-set Bostonian named William Elaine Richardson departed one day last week for his office, the main Mexico City branch of the First National City Bank of New York. As usual, there was a brisk flutter of papers and a businesslike reaching for telephones when he arrived; Richardson maintains the no-nonsense tra dition of banking, runs his office with taut efficiency. But on that day last week there was more than routine importance to his arrival. It was his last; at 65, the banker who opened First National City's first Mexican branch...
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