Word: centralization
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...York City one noon last week wheeled some 100 private planes to draw the city's eyes to the sky, its feet to New York's first aviation show since 1930. New Yorkers, 95% male and 50% under 20, responded with a will. They trooped into Grand Central Palace, gaped at 32 planes, milled around 100 exhibition booths, badgered salesmen and demonstrators with questions they could not always answer. With 1936 sales up 85% over 1935 on a gross business of $76,805,000 in ships and parts, U. S. air-crafters beamed on the attendance at last...
...still hires more men than Steel and Automobiles together and pays nearly $1,000,000 a day in taxes, has come back-and come back from way back. There never was such a depression in railroad history as the last one. A typical victim was the thoroughly sound Illinois Central. I. C.'s President Lawrence Aloysius Downs once revealed that after the panic of 1907, his road's revenues declined 4%. The drop from peak to valley was only 8% in the depression of the 1890's, only 20% in 1870's, only 24% after...
Last week the roads were not just counting their money, they were spending it on much needed improvements in equipment and right of way. Union Pacific cracked out an order for 25 new locomotives. New York Central, headed for receivership in the depth of Depression, was about to cut its interest charges by refunding old bonds. And Pennsylvania announced that it would start immediately on electrification of 85 mi. of four-track main line west to Harrisburg, Pa. Various yard, branch and freight lines will be electrified at the same time, bringing the cost of the whole project to about...
...evidences of the railroads' rebirth. Most spectacular bid for patronage was the 2? base passenger fare, inaugurated by southern and western roads where the traffic is light and forced on all roads last June by the Interstate Commerce Commission over the loud protests of the Pennsylvania, New York Central and New York, New Haven & Hartford. Last week New York Central reported that passenger revenue had climbed from $55,290,000 in 1935 to $62,500,000 in 1936, Pennsylvania that passenger business was up from $60,000,000 to $67,500,000. But neither was prepared to admit that...
...first place that John Jeremiah Pelley got to was Anna, Ill., where his father, an Irish immigrant, had settled as a contractor after a stretch in the Confederate Army. Son John hustled baggage in Anna's Illinois Central depot during summer vacations, taught school when he was 18, spent a few months at the University of Illinois in 1899. The summers in the Anna depot destined John Pelley for railroading. Only twice has he remained in one railroad job as long as five years-once as an I. C. superintendent in Fulton, Ky., and once as president...