Word: brinks
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Dates: during 1950-1959
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...hearings, the McGinnis group defended its action by claiming that it had brought the railroad from the brink of bankruptcy to a point where stock dividends were resumed. But earnings last year, after McGinnis left, increased to $772,813 (from $525,406 in 1952) in spite of a drop in operating revenue. Since the railroad is under new management, the commission, which had started the investigation on its own, ended the proceedings. But it urged that the Interstate Commerce Act be amended to safe guard stockholders against improper use of railroad funds...
Vital Ingredient. West Germany throbs with its fabulous recovery while the East Germans under Soviet rule are on the brink of starvation. In Düsseldorf, Munich and other cities, where only a few years ago the ragged populace scrabbled through the rubble in desperate search for a single potato, rebuilt hotels teem with prosperous travelers, and the air is filled with shop talk and cigar smoke. In the Ruhr, bomb-shattered steel mills glow once more through the long winter nights. Germans who were once glad to sell their prized possessions for a few packs of cigarettes now have...
...Constitution? President Eisenhower's declaration led to an obvious case in point: the controversial Bricker amendment to curtail his treaty-making powers (TIME, Jan. 18), which has brought his Administration to the brink of open warfare with Congress. Defending his opposition to the amendment, Ike went back to the Constitutional Convention and put a question to the reporters: Why was the Constitution formed to replace the old Articles of Confederation? Then he answered his own question...
WHAT is wrong with France? Why should a nation that has successfully survived a thousand years be always on the brink of disaster? Why should a nation that blazed the Continent's trail to democracy be unable to govern itself? Why should a nation whose name has ranked for centuries as a synonym of enlightenment and intelligence be unable to make up its mind? No one ponders these questions more earnestly than the French themselves. As France sulked proudly at the sting of the U.S. Secretary of State's rebuke and vacillated helplessly over the choice...
Papa Miller began buying stocks, hoping that some day he would have something substantial to leave behind. He bought solely on intuition-shares in Southern Union Gas Co. (he happened to believe in natural gas), Pickering Lumber Corp. and Brink's. Inc. He bought some 12,000 shares of the American Furniture Mart Building Co. of Chicago, watched it climb from 37 to $12.50. By the time he died in 1951, he was the wonder of his brokers. "The old gentleman knew nothing about stocks," said one. "He bought what we call undervalued situations-a company which for some...