Word: boom
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Dates: during 1940-1949
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After World War I, U.S. railroads were lazy from lack of competition. Their idea of what-to-do-about-the-postwar-travel-boom was to see if the traffic would bear a 20% increase in passenger fares. They found out: the U.S. automobile and bus industries, then in swaddling clothes, grew up almost overnight, while the railroads started down the long toboggan toward the almost bottomless pit of 1932.* Last week Railway Age, in its annual Passenger Progress issue, published a survey of what railroad executives propose to do for the postwar passenger this time. Their "practically unanimous opinion...
...Bankers' Association estimate, railroad funded debt will be down to $8 billions, almost a third less than in 1932, when fixed charges were 30% higher than railway operating income. With this new financial freedom of action assured, airlines and bus lines full of plans for a postwar passenger boom could well ponder the warning words ot the jubilant railroad man who told Railway Age last week: "Our competitors who are anticipating a walkover in taking traffic from the railways are in for a most unpleasant surprise...
...refugee plants" from western Russia, the factory lies somewhere in a "deserted prairie valley"-presumably on the eastern fringe of European Russia. In some respects, the account resembled descriptions of new plants in U.S. boom towns. As yet the factory is unkempt and ragged. A railroad has been laid, but there are no busses or streetcars. In the spring and fall "it is no pleasant matter for the Workers to make their way home through the welling mud." But the vast factory hums with work, and thousands pass through its gates each shift. The buildings are camouflaged, for when they...
...Manhattan's swank Sherry-Netherland Hotel. Papers in a lawsuit (now settled) showed that the Archduke had his own rooms there at half price and earned a 5 to 10% commission on the rents paid by guests he brought in (one was Glandmaster Serge Voronoff) But the war boom in the hotel busines broke it all up. The Archduke got a job with a brokerage house, moved across the street to the Savoy-Plaza...
...office boom itself is not quite so anarchic as it looks. Most of the season's horrors, though often an unconscionable time a-dying, have died. Of 33 shows that have opened, 19 are under the sod. It is largely to plays of a certain age-last season's Star and Garter, The Doughgirls, Janie and a raft of others-that Broadway's rich playboys & girls still pay lucrative court...