Word: bankrupt
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Dates: during 1940-1949
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...answers to those problems. Time lags caused by shortages were being cut. For wide sheared-steel plate, now running short, a narrower plate produced in strip mills was substituted. Subcontracting was tackled hard by men like bull-shouldered, 300-lb. Charles E. Moore. A year ago, seizing on the bankrupt Joshua Hendy Iron Works, a dilapidated foundry in the middle of a pear orchard near Sunnyvale, Calif., Moore cleared off 34 acres of trees, put up 300,000 square feet of buildings, began to turn out mighty, two-story high, 271,000-lb., triple-expansion engines for the Liberty ships...
...last week. Milk companies abandoned daily deliveries, began to send their trucks out every other day. Department and grocery stores encouraged patrons to tote their purchases themselves. Black bourses for tires sprang up everywhere, and many an unwary motorist found himself missing a spare. "Do we have to go bankrupt?" wailed tire dealers...
Fast-moving, hard-driving A. W. S. Herrington bought the truck division of near-bankrupt Marmon Motor Car in 1931, settled down in Indianapolis. A Motor Transport Corps captain in World War I, Herrington knows trucks and tanks inside & out. He once worked for Motorcycle Makers Harley-Davidson, spent seven years as transportation engineer with the Army and Marine Corps...
...long-term plans to dehydrate the capital structures of bankrupt railroads last week ran afoul of the Treasury's plans to wring more taxes from industry. Chairman John Samuel Pyeatt of the Missouri Pacific Railroad-in receivership since 1933-sent a letter to 40,000 bondholders, urged them to reject the ICC-sponsored reorganization plan...
LaGuardia and his running-mates have put themselves up for office on the strength of their thorough adherence to the foreign policy of the President, and on the basis of their record in office during the past eight years. From a near-bankrupt political football--with unpaid bills of some $100,000,000 in 1934--the nation's largest city now boasts a healthy bank balance of nearly a quarter of a billion dollars. During this period, tremendous administrative economies have been effected, though the public works program has caused an increase in the amount of the annual budget...