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Fred Britten's 3?? Acres...
Fair Return. The Transportation Act of 1920 sets 5¼% as a "fair return" for the railroads. In nine years (1921-30) the carriers failed by $2,579,000,000 to earn what the law allowed on valuations set by the I. C. C. They earned 3??% last year. This year's earnings would be at the rate of 2¼%. "If the carriers were permitted to participate in periods of prosperity equally with other business, they should equally sacrifice in periods of adversity. But they are denied such participation by law." Because they cannot accumulate reserves in good times, they need...
Continental Shares $45? 3?...
...3???French presidential election. Likely successor to President Gaston Doumergue: famed Foreign Minister Aristide Briand. Other possibilities: Senate President Paul Doumer, Deputies President Ferdinand Buisson, Senators Albert Lebrun, Albert Sarraut and Henri Cheron...
March 30-April 3???Eighty-first session of the American Chemical Society; at Indianapolis. Symposium subject: combustion...