Word: compania
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...with never an hour lost on a train. For Pan American Airways Corp. (holding company for the system) announced the purchase of practically all of Cuba's air transport industry, the 14 airports, eleven planes, 850 miles of route, of Campania Nacional Cubana de Aviation, S. A. Though Compania Nacional will be operated as an independent unit, its personnel kept intact (largely as balm to Cuban national feeling), it will be coordinated with Pan American's three trunk lines. North-bound passengers from Barranquilla and Jamaica can change at Cienfuegos to plane instead of train for Havana...
General Plutarco Elias Calles, 53, "Strong Man of Mexico," Secretary of War and onetime President, was elected head of Compania Hulera Mexicana, newly organized to make synthetic rubber. In January the company will have a factory ready to produce 400 motor tires and 5,000 rubber heels daily. The formula is the work of one Julio Tellez Giron, 46, research chemist who spent 17 years developing his theory that petroleum in its early stages closely resembles rubber. His process is to take crude petroleum, mix it with ground sugar cane. This compound is refined, fried in the sun, vulcanized with...
...basis of explosives. Because Chile digs nitrates from her natural deposits, because German producers of synthetic nitrogen cut prices, threatened to ruin her, Chile's whole nitrate industry was rationalized, reorganized and speeded up last year by the creation of "Cosach," the $375,000,000 nitrate trust, Compania De Salitre De Chile (TIME, July 28, 1930). Last week the most violent political and editorial attacks on Cosach were hurled up & down the length of slender Chile...
...direct investments in Chile totalled $442,000,000. Most important companies were Baldwin Locomotive Works; Wright Aeronautical Corp., having local factories; All America Cables, which beside its cable business operates the local telephone system; Electric Bond & Share Co., operating trams, providing light and power through its subsidiary Compania Chilena de Electricidad; and "Cosach," the Guggenheim nitrate combine, which controls 35% of the world's annual output of natural fertilizer. Nitrates were what brought Chile to this sorry pass...
...that threw out King Alfonso. Many Spaniards cannot read; 45% of them are illiterate; but they can all listen. Revolutionary doctrines spread to the farthest villages of Spain thanks to the telephone and radio systems ("best in Europe") which I. T. & T. in stalled and operates through its subsidiary, Compania Telefonica Nacional de Espana. Yet last week thousands of Spanish revo lutionaries rose against their foster-father...