Word: canalizes
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Dates: during 1930-1939
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...Philadelphia Record and New York Post, had bought from Mr. Turrou, 15 minutes after he resigned, an "authentic" inside story behind U. S. Grand Jury Indictments of 14 German officials! On two excited pages, embellished with a Nazi air bomb plunging down on U. S. warships in the Panama Canal, Publisher Stern shouted: "ACE G-MAN BARES GERMAN CONSPIRACY TO PARALYZE UNITED STATES!" Tired Mr. Turrou was going to turn out enough articles to run "for several weeks." Said he in Publisher Stern's advertisement: "I Can Tell You That a confidential conference between President Roosevelt and a foremost...
...Bought (through RFC: for $2,000,000) the C. & O. canal from Georgetown, D. C., to Cumberland, Md., enabling hard-pressed B. & O. to meet its interest payments for July...
...Virginia gentleman, George Washington, with large landed interests on both sides of the Alleghenies, began urging the construction of a canal to link the Atlantic seaboard with the trading centres of the Ohio valley. Though the need for trade routes was obvious, engineers sneered at such an undertaking, and the plan was forgotten. Half a century later, the Chesapeake & Ohio Canal Co. was founded, and in 1850 an $11,500,000, 184-mile canal between Georgetown, D. C. and Cumberland, Md. was opened. For 73 years hundreds of coal barges plied between the mouth of the Potomac and mining towns...
...annually on fixed obligations of $674,000,000. In January, B. & O.'s resourceful President Daniel Willard got an $8,233,000 RFC loan through his good friend, RFC Chairman Jesse Jones. To get it he had to put up all his available collateral-including the Chesapeake & Ohio Canal, which has not been used for shipping since 1923. Last week, B. & 0. again needed funds to meet $1,700,000 in interest payments due first of this month. No less resourceful than his father, Daniel Willard Jr. appealed to Washington, quickly and unexpectedly raised the money...
...Steaming for Hyde Park on the Potomac, the President was delayed for 14 hours by fog in the Cape Cod Canal, gave his staff ashore quite a turn...