Word: canadians
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Dates: during 1930-1939
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...King and Queen to see the sun set behind the great purple mountains. Half an hour after arriving at the Banff Springs Hotel, opened especially for the royal visit, they left their suite for a walk by the falls of the Bow River. One of the Royal Canadian Police stationed every 50 yards around the hotel began to trail them watchfully. The King halted and smiled. "Please don't follow us," he said, "we are quite all right...
...When the heavy boot of the 1934 air mail purge kicked fledgling subsidiaries out of many a big U. S. airlines nest, Canadian Colonial, a retarded bird from the brood of Aviation Corp., was able to go on flapping up the Hudson on its 342-mile route between Manhattan and Montreal. Under indifferent management, unfavorable airline conditions, it grew slowly to be a pipsqueak goose and for a long time brought its 15,000 stockholders nothing but deficits...
...short months all that has changed. By last week, Canadian Colonial was honking along in full-feathered flight. On the New York Curb Exchange, its stock (which early last year could have been bought at 50^) sold last week for $5.25. For the first time in its history the slow-growing goose began to grow feathers for stockholders' pillows: a profit of $3,000 in March, $2,600 in April...
...When Canadian Colonial left the brood of Aviation Corp. (largest unit, American Airlines) stocky, purposeful Sigmund Janas was assistant to American's President C. R. Smith. Earlier he had learned the tricks of financing as Deputy Superintendent of Banks in California, the tricks of airline operation as president's assistant for Western Air Express. Close friend of Motorman Errett Lobban Cord (American's chief stockholder) he had also learned how to combine the tricks of operation and banking, take over ah airline (as Cord had American) and make it tick...
...August 1938 (after reputedly picking up $625,000 for himself and associates in a merger of Pennsylvania Airlines & Transport Co. and Central Airlines Inc.), Janas & Associates acquired control of Canadian Colonial, made Janas president. With U. S. Foreign Air Mail Contract No. i Sigmund Janas put the operating methods of successful American Airlines (TIME, May 22) to work. His DC-2's were flown by American's pilots, overhauled by American's mechanics, dispatched by American's radio operators...