Word: carriere
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Dates: during 1920-1929
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Died. Edward Laurence Doheny Jr., 36, of Los Angeles, carrier of the famed "little black bag" from his father to one-time Secretary of the Interior Fall during the Elk Hills phase of the conniving that caused the oil scandals; when shot by his insane secretary, who afterward killed himself; in Los Angeles...
...build or not to build was not the question. When to build quite overshadowed all. President Coolidge had been willing to admit that perhaps the Navy does need 15 new cruisers and an aircraft carrier (TIME, Feb. 11 et ante). But they need not all be begun within three years, was his point. It would be so expensive ($274,000,000). It would seem so warlike. It might inconvenience the Budget...
...bill on which the Senate was trying to act was, on its face, quite simple. As passed by the House it authorized the Navy Department to build five cruisers each year for the next three years, and one small aircraft carrier. The total cost of this program was estimated at $274,000,000. The cruisers would have a displacement of 10,000 tons each, as permitted in unlimited numbers by the disarmament treaty of 1922. Each cruiser, armed and ready for battle, would represent an investment of $17,000,000. The Navy has argued that it needs this new auxiliary...
Most important trumps in the game were the aircraft carriers Lexington and Saratoga. The Lexington, part of the defending Blue fleet, was put out of action early, partly owing to a freak of the weather. Black Admiral William Veazie Pratt shrewdly detached the Saratoga from his fleet, sent it hundreds of miles to the south and west. Not until it was ready to attack did the Blue scouting cruisers and destroyers discover the whereabouts of the Black fleet's chief threat. By then it was too late. In the early morning the Saratoga pushed her bow into the wind...
...Michigan Central have long been New York Central subsidiaries, New York Central owning more than 90% of their stocks. They have been operated as separate units, however, and the New York Central based its consolidation plea on the argument that "the necessity for protecting the earnings of each carrier" prevented complete unification and coordination of the system. A. H. Harris, chairman of the executive committee of the New York Central said that negotiations for the purchase of the six short lines would be immediately begun...