Word: carriere
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Dates: during 1930-1939
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...President's hope was materially strengthened when Daniel Willard, president of Baltimore & Ohio, visited the White House, laid before him all the plans and expectations of the carrier executives. For weeks Mr. Willard has been in constant negotiation with brotherhood leaders and no U. S. railman today knows the temper of U. S. rail labor better than he. To the President he said: "I'm confident an agreement will be reached at the wage conference and I'm hopeful for a solution of the railroads difficulties." He explained that $200,000,000 would come from a wage...
Chicago, Rock Island & Pacific, another major carrier, changed its policy last week, omitted dividends due on both classes of preferred stock. It was the first interruption of these dividends since the stocks were issued in 1917. Said Banker Charles Hayden, chairman: "It is the belief of the board that the best dividend that could be paid to preferred stockholders at this time is to keep the company in strong financial position...
...just that the stockholders of the carrier earning the revenue by performing the service from which the fund arises, should be preferred over the stockholders of the carrier that does not earn it. ... To treat the advances as loans does not increase the indebtedness of the recipient carrier. ... It manifestly imposes no additional charge upon shippers...
...whole Free Trade trend had been greatly strengthened from the first by Britain's emergence on the seas as the World's carrier, the nation that had most to gain by free and rapid trade among all nations...
...survivors-eleven men-were of the S. S. Baden-Baden, once famed as the rotor ship invented by Anton Flettner (TIME, May 24, 1926) but since converted into an ordinary Diesel-powered cargo carrier. Bound from Riohacha for Tumaco on the west coast of Colombia with a cargo of salt, the vessel had become disabled in heavy weather. The cargo shifted, the ship listed heavily to starboard, shipping water faster than the disabled pumps could pour it out. She foundered less than a half hour before the Pan American plane sighted what remained of the crew of 16 (five...