Word: built
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Dates: during 1940-1949
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Public ownership of electric utilities occurs in two forms. First, there are the federally-built projects such as Hoover Dam, the TVA, and dams in Washington and California. The electricity produced by these plants is either sold to private distributors or brought to the consumer through publicly-owned lines. Secondly, there are municipally-owned power plants, mostly financed by the Rural Electrification Administration. Together, these methods produce about 20 percent of the nation's power...
Final scars left in back of Lamont Library during its construction were removed yesterday when landscapers finished work on the new Dudley Memorial. It replaces the one torn down when Lamont was built...
...biggest gripes of U.S. railroaders is that their barge-line competitors use the federal-maintained inland waterways, and that trucks and buses use highways also built with tax dollars. "We don't want subsidies," said William T. Faricy, president of the Association of American Railroads last week, "but if the Government persists in subsidizing our competitors, we may have to accept them." If that threatened socialization, he added: "You could also have socialization by simply running out of money...
With such genteel stiff-arming of the buyer, white-haired Hiram Parke, 76, who looks more like a bank president than an auctioneer, has pleased most of the sellers who have come to him.* In eleven years he has built Parke-Bernet (rhymes with "in debt") into the largest U.S. auction house, lured buyers from as far away as Europe and South America, and sold more than $50 million worth of paintings, books, furniture, tapestries, etc. At commissions ranging from 10% (plus expenses) up to 20%, he has always shown a tidy profit (last year's take: about...
...Chicagoans are surrounded by lots of evidence of the work of Colonel Crown (World War II Army engineers). His Material Service Corp., biggest building-supply firm in the Midwest, did $33 million in sales last year and helped put up many a Chicago building. He also buys them ready-built and is one of the chief backers of Hotelman Conrad Hilton. Crown put up some of the money for Hilton to buy Chicago's Palmer House. When Connie Hilton bought Manhattan's Waldorf-Astoria (TIME, Oct. 17), Crown chipped in $250,000. Today he owns...