Word: airmailing
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Dates: during 1930-1939
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...abrogation," he said, "on the part of the Government of the contracts with the airmail operators, made in good faith on the part of the operators, and the recommendation that these lines have no preemptive right to carry mail over routes that they have pioneered, places a golden opportunity before the promoters all over the country to get active again to promote companies to bid and sell their interest out to the American public at large profits
...airmail situation is far from clarified, even though every day there are promises from various quarters in the administration that the public will get the service it used...
While there have been suggestions as to new airmail legislation, the truth is the power to restore normal service rests in the post office department. Emergency contracts can be granted pending a determination of airmail policy. The postmaster general has the right to fix the rates to be paid for carrying airmail...
...possibility that the new laws would specify ways and means of reopening bids, based upon financial reorganization of the airplane companies which previously had contracts, is being voiced in Congressional circles. It would mean delay in getting airmail service unless temporary arrangements are made, because any financial reorganization of airmail companies would take months and possibly a year or more. In the interim, with few exceptions, the only companies that are responsible and can meet airmail schedules are those now in business. Hence the return of the airmail service to private hands on the basis of 60-day contracts, which...
...been estimated that about $100,000,000 has been invested in airports in different parts of the country. Many of the airport companies have indicated that the airmail situation is affecting them adversely. Indeed, commercial aviation has received a body blow from which it will not soon recover. The prospect of getting extra capital, which is needed from time to time in any growing industry, may also have been diminished by the erratic policy followed by the government in first stimulating the development of commercial aviation and then taking its principal support away and transferring the job to the army...