Word: aroostook
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...whole the U. S. railroads failed to earn their fixed charges last year by $35,000,000. No less than 30 failed to earn their out-of-pocket operating expenses. Of course, many a road like Pennsylvania, Union Pacific, Atchison, Chesapeake & Ohio, Virginian and Bangor & Aroostook earned not only fixed charges but dividends besides, but the great majority were deep in the red. A wage increase of 5% will take effect in April, topping two preceding raises of 2½% since last July. Traffic is not expanding. And while Jesse Jones might assure the carriers, as he did last week...
...being asleep at the political switch when AAA put a "compensatory" tax on jute sacking in which Idaho farmers bag their potatoes. This year he wishes to avoid mistakes, for next year he faces an election. Next year Mr. Brewster also faces an election and his constituency includes Aroostook County where, because of potato prices, the current relief bill is $100,000 a month and going...
...bank deposits; 3) legislation for complete separation of investment and commercial banking; 4) "devaluation" of the dollar by reducing its gold content in accordance with commodity indices. The Vanderlip proposals were signed by: President James Henry Rand Jr. of Remington-Rand Co., Chairman John Henry Hammond of Bangor & Aroostook R. R. Co., President Robert E. Wood and Chairman Lessing Julius Rosenwald of Sears. Roebuck & Co., Vincent Bendix, Samuel S. Fels (naptha), Philip K-Wrigley (gum); Motormaker Howard Earle Coffin, Motormaker Errett Lobban Cord, President Edward Asbury O'Neil III of American Farm Bureau Federation, Master Louis John Taber...
...Gould railroad domain is known by the corporate title of Aroostook Valley Railroad Co. It consists of 36.60 mi. of 70-lb. tracks threading through the potato-rich Aroostook Valley, connecting with the Canadian Pacific at Washburn Junction and Bangor & Aroostook ("The Potato Road") at Washburn. Its stations include Sweden. Adaline, Caribou, Bugbee, Carson and Presque Isle Junction, near where dwells Mr. Gould. Freight comprises 85% of its business, there being 140 potato depots holding 5.000.000 bu. of potatoes along its right-of-way. The road is electrified, buying its power from a station...
...Aroostook Falls, N. B., which Mr. Gould was instrumental in building. The road's equipment consists of two electric freight engines, four freight cars, four motor passenger cars, one motor snowplow...