Word: airmail
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...page finding of fact, Court Commissioner Richard H. Akers found that there was no fraud in the airmail contracts canceled in 1934. Mr. Akers almost charged the President with a mistake, but then backed delicately away, leaving final decision to the Court. But one fact seemed clear: the Army need not have taken over the airmail routes; the deaths of twelve Army pilots were needless...
...when Postmaster General Farley shook up the airmail contracts in 1934, Woolman saw his chance. With only two planes, 25 employes and more nerve than cash, he snagged the mail contract for the Dallas-Atlanta-Charleston, S.C. run. Meanwhile, 63-year-old ex-Newspaper Publisher Clarence Eugene Faulk, who made $500,000 when he sold his Monroe (La.) News-Star and Morning Post, was buying blocks of Delta at $5 a share. Later Delta stock went to $40 (then split 4-for-1) and Faulk went to the president's chair as finance overseer. Woolman became operating vice president...
...lines to its present five, increase its service from 108 pickups to 345. Simultaneously, other applications have poured into Civil Aeronautics Board from nine other companies, to reach 1,231 more communities in some 25 States from New England to Texas and Minnesota. All ten, if granted, would boost airmail lines from 39,000 to 64,000 miles...
With this idea, Du Pont formed A.A.A. and in May 1939 landed the first Post Office contract for pick-up airmail service. He has been snagging pouches ever since. His A.A.A. has flown more than 900,000 revenue miles, completed 91.6% of its schedules, had only one minor mishap (a plane nosed over in a snow-covered field). He serves towns as small as Glenville, West Va., pop. 588, as large as Wilmington...
Washington expects CAB to okay all ten of the pending present airmail feeder applications before year's end, also expects Congress to appropriate the needed $4,000,000-$5,000,000 to pay for the service at 30 to 40? a mile...