Word: airmailing
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...into Three. The turning point for Boeing came with its military planes, but it came in a way that almost wrecked Boeing. In Washington in 1934, a congressional committee began poking into Government airmail contracts, investigating charges that carriers were making exorbitant profits, that airline officers had run investments of a few thousands into millions. Boeing hotly denied the charges, said that it had started flying the air mail as the only transport company on its route, soon had two competitors. Nonetheless, the Roosevelt Administration abruptly canceled all airmail contracts; four months later Congress passed the Air Mail...
...great airmail purge was a disaster for Boeing. Under the law, United Aircraft & Transport had to split into three independent companies-United Air Lines, United Aircraft Corp.,† to make propellers, engines and planes, and Boeing Airplane Co. Says Allen: "We came out of it with less than $1,000,000 in liquid assets. We were still building the rest of an order for 136 P-26s for the Army, but that was it." Bill Boeing disgustedly sold out his interests and retired. Phil Johnson, who by then was head of the parent United Aircraft & Transport organization, was "exiled" from...
...letters went into the mail Monday at 11:30 p.m. Airmail letters to west of the Mississippi will not arrive until today, but by 10 yesterday morning parents and sons in the Cambridge area had received theirs. Some of the rejects began to call the northern end of University Hall...
...drivers are local citizens, familiar with the traffic laws, geography and driving habits of the land. But they do more than just drive cars. They are indispensable members of the staff. They run errands and act as interpreters. They get dispatches out over impossible telephone connections. They place airmail packages on planes whose manifests are already made up. In short, they are minor miracle workers...
...increase of some $240,565,000 a year in postal rates was approved 13 to 7 by the House Post Office & Civil Service Committee. Among the changes: first-class letters sent out of town would cost 4?, airmail letters 7?, and second-class mail (newspapers, magazines, etc.) would be gradually increased to about 33% above the present rate by April...