Word: cabossed
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...Hughes sat down last week to discuss a compromise with his onetime friend Jack Frye. Present at some meetings of the three-day peace conference was CABoss James M. Landis. He pointedly reminded Hughes and Frye that a major airline was something of a public utility which private individuals could not kick around with impunity. After a final six-hour session, Hughes agreed to lend T.W.A. $10,000,000 (through his Hughes Tool Co.) and back Frye's plan to authorize a new issue of 2,000,000 shares of T.W.A. common stock...
...Alaska, to which he is already flying for the Army. To make this trans-pacific route financially feasible, Hunter had to have the Milwaukee-New York link. But he made it plain last week that he wants no help for this big job. He brushed off the suggestion of CABoss Lloyd Welch Pogue that Northwest merge with Pennsylvania-Central Airlines, presumably to put Northwest on a better competitive footing with the other transcontinental lines. Said Hunter: "It is an amazing and inexplicable idea...
...Civil Aeronautics Board, the smallest U.S. Government agency, last week took the biggest stride forward yet made in Federal postwar planning. The repercussions rattled the windows in airline offices all over the U.S. and shook those of every foreign embassy in Washington. Handsome, hard-working CABoss Lloyd Welch Pogue, 44, caused the sensation...
...Already on hand were 100 applications from private systems-some of them still unformed-which want to get a piece of this postwar business. After consulting many Government agencies, and with the approval of Franklin Roosevelt, CAB had worked out 20 tentative routes. On a great map, CABoss Pogue traced some of the globe-girdling lines over which U.S. airlines plan...
...hearings meant that CABoss Pogue was getting the decks cleared so that U.S. lines will be ready to fly when & if the U.S. finally makes up its mind about air policy. But it was clear that Pogue, who favors plenty of competition, had Presidential approval to hand out enough franchises to assure competition on international routes. This was direct evidence that the Administration is steadily pushing into the background the so-called "chosen-instrument" policy, Juan Trippe's Pan-American program (TIME, Nov. 8). Eventually, of course, Congress, not CAB, must make the final decision on "chosen instrument...