Word: centralizing
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Dates: during 1920-1929
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...business firm rents property under circumstances which make necessary the expenditure of money on upkeep, can such expenditures be deducted from Federal income tax return as operating expenses? "No," said the Court. Such expenditure is really additional rent, claimed the Central R. R. of New Jersey-in vain...
...assassinations, plunderings and terrorism in the Provinces, of ugly skirmishes on the Greek and Serbian borders. More than 1,000 persons were arrested in Sofia. House to house searches were made. Martial law was proclaimed. Some 400 Bolsheviki were summarily executed. A quantity of Red revolutionary evidence was found. Central Europe was alarmed...
When the Transportation Act of 1920 showed Congress favorably inclined to railroad mergers (TIME, Feb. 4, 1924), three Eastern systems-N. Y. Central, Baltimore & Ohio, and Pennsylvania-sat down and attempted to arrange just how they would absorb the rest of the roads in their territory. Unfortunately, everybody wanted the fat and nobody the lean roads. Meanwhile, the Van Sweringens quietly annexed the Nickel Plate, C. & O., Erie, Pere Marquette and Hocking Valley (TIME, Aug. 11, 18, April 6), and became a fourth party at the prospective feast. Now, while the four cannot agree on details of distributing small roads...
...chief drawbacks to the rapid development of the Katanga properties consist in transportation and labor. A labor shortage in Central Africa is slowing up the completion of the Benguella R. R., the future outlet for the mines to the seacoast...
...latest chainizer, calling itself Gillette Camera Stores, Inc., selling kodaks, recently opened in Manhattan with two stores and 100-odd agencies which it calls "Gillette Film Stations." At these, one buys his latent roll of film, deposits his potential pictures for developing and printing at a central laboratory with a capacity of 10,000 rolls per day, to and from which delivery trucks course...