Word: aug
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Dates: during 1920-1929
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Their further steps to acquire the Erie, Chesapeake & Ohio and Pere Marquette is recent history (TiME, Aug. 18, Apr. 6, 27). If the I. C. C. approves, a railroad system whose market value is approximately $1,000,000,000 will have been acquired by two men with an initial cash outlay of only $2,000,000. The appreciation in the Van Sweringen stocks has not only done the rest, but also paid them $16,812,809 profit for their pains...
...revolt, the third within about a year (TIME, Feb. 11, 1924, et seq.; Aug. 11 et seq.), broke out in Honduras, Central American Republic. General Gregorio Ferrera, a man of powerful likes and dislikes, decided that he did not care for the Government, decided also to do something about it and started a revolt...
...domestic business, the railroads continue to occupy the limelight. Mergers abound, and still more are projected. When and if the Interstate Commerce Commission approves the Nickel Plate consolidation now before it (TIME, Aug. 11, 18, Apr. 6, 27), many of these tentative and private rail merger plans will probably be rushed to completion...
Undaunted, their Majesties Ferdinand and Marie visited France, England, overstayed their welcome, failed to raise a loan (TIME, May 26, Aug. 25, RUMANIA...
...Pennsylvania-sat down and attempted to arrange just how they would absorb the rest of the roads in their territory. Unfortunately, everybody wanted the fat and nobody the lean roads. Meanwhile, the Van Sweringens quietly annexed the Nickel Plate, C. & O., Erie, Pere Marquette and Hocking Valley (TIME, Aug. 11, 18, April 6), and became a fourth party at the prospective feast. Now, while the four cannot agree on details of distributing small roads among them, a fifth would-be claimant appears-Mr. Leonor F. Loree, Chairman of the Delaware and Hudson...