Word: billing
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Dates: during 1930-1939
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...Instead of putting such roads as the B. & O. "through the wringer" by wiping out junior securities and cutting down capitalization, it provides for voluntary adjustment of fixed charges between the road and its bondholders and for postponement of interest payments. Nonetheless, Chairman Wheeler, who could stop the Chandler Bill if he wishes, is letting it by with but one change-he intends to amend its technicalities so that in practice only the little Lehigh Valley and Dan Willard's B. & O. will be able to take advantage...
...other U. S. roads facing similar crises, Burt Wheeler has more drastic medicine in mind. Last week his committee reported favorably a bill to create a special railroad reorganization court which would permit recapitalizations of bankrupt roads only upon a basis of "expectable future earnings"-the average for the twelve years prior to the year in which the railroad went bankrupt. That day at the White House Franklin Roosevelt seconded the measure...
...there was a bright side of the picture, too. Jim Lightbody, shifted into the 880 in a desperate bid for points, scored a stunning 1:54.1 victory in the half. And Bill Shallow outdid himself with a tremendous 170 foot, one inch hammer heave to capture first place and set a new meet record. Dick Sears took fifth in the same event...
Under the presidency of David W. Prall, professor of Philosophy, the Union in 1937-38 attacked President Conant's report recommending limitation of college enrollment as "the ploughing under of human brains." The fight against the Oath Bill and on behalf of Walsh and Sweezy was continued...
...Bill Rowe found it hard to settle the stroke below 33 for the first mile as Navy pulled alongside. It was finally lowered, but never could it build up more power than the Middies boat which measured off the same time. Finally the finish neared: Bill Rowe raised the stroke to a powerful 36 hole seemed to leave the Navy standing stil...