Word: coaling
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Dates: during 1940-1949
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Phil Ball, a big cold-storage man, dropped $500,000 in five years. Donald Barnes, shrewd finance-man, gave it a whirl, got out while the getting was good. In 1945 Coal-&-Iceman Dick Muckerman stepped in. Save for the wartime year 1944, when the Browns surprised everybody by winning their first pennant since the American League was organized in 1901, the threadbare Browns went from bad to worse. About a year ago, the Browns sold a batch of their best players in order to stay solvent. The chief trouble, it seemed, was that St. Louis was a one-team...
...boss of the small Akron, Canton & Youngstown Railroad, Harry Bartlett Stewart Jr., 44, had spent half his life shipping coal. But Bart Stewart thought there was a better way to do it than by train. Last week, he formed a company to build the longest conveyor belt in the world to haul coal and ore. It would stretch from Lorain on Lake Erie for 103 miles south to East Liverpool on the Ohio, with branch belts to Cleveland and Youngstown...
Stewart's tubelike conveyor would run on trestles 22 feet above the ground, with "transfer points" (see cut) to shift the coal and iron up & down elevations in the land. Inside the tube would be two belts, one carrying coal north from the coal-mining towns along the Ohio River, the other carrying ore south from lake freighters to the steel mills. There would be enough room in between the belts for workers to tend the machinery. In this way Stewart hoped to move 29 million tons of coal, 30 million tons of iron ore and 3 million tons...
...Middleton, 52, hard-bitten sheriff of Kentucky's "bloody Harlan" County during the '30s, famed for his rough treatment of United Mine Workers organizers; of a heart attack; in Lexington, Ky. In 1937, Middleton admitted to the La Follette Civil Liberties Investigations Committee that he owned coal company stock, and that most of his 370-odd deputies were paid by the coal companies (documents showed that one-quarter of them had criminal records...
Furthermore, one of the biggest drops in carloadings had been in coal, which provides the biggest single source of railroad freight (14%). Thus, the more oil-burning diesels the roads bought, the more they would cut their coal revenues...