Word: cords
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Dates: during 1930-1939
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SUGGEST YOU CORRECT STATEMENT ON P. 24, THIRD COLUMN THAT "CORD OWNS A FAT SLICE OF NORTHWEST AIRWAYS." AT THE TIME NORTHWEST AIRWAYS AIR MAIL CONTRACTS WERE CANCELLED NONE OF ITS STOCK WAS OWNED BY ANY OTHER AVIATION INTEREST. BOTH CORD AND TRANSCONTINENTAL WESTERN AIR HAD SOLD BACK TO US THEIR HOLDINGS IN OUR COMPANY QUITE A WHILE BEFORE CANCELLATION. THANKS...
Loudest whistles of all came from the crowd when the bids of American Air Lines' inscrutable Errett Lobban Cord were read off. On the set-up presented by Mr. Farley, Errett Cord had been expected to underbid the field, capture a virtual monopoly of U. S. airmail. Instead, he bid so close to the maximum on eight routes, that he was heavily underbid on all but the Newark-Boston run. He stood to lose even his old southern transcontinental route, having overbid his nearest competitor for half the run by 10?. Obviously fear of Cord competition had caused other...
Likeliest explanations of Cord's high bids: 1) loud cries of "Wolf" had put him on his best behavior; 2) possibility that no contracts would be awarded under Mr. Farley's temporary (three-month) plan because of the imminence of legislation providing for one-year contracts (with an entirely new set of bids) as suggested by President Roosevelt and reported favorably by the House Post Office Committee last week...
Only less sensational than the Howes testimony was the testimony that the "friendly cooperation" of Mark L. Requa, Republican National Committeeman from California and close friend of Herbert Hoover, had been enlisted by Cord's Century Air Lines in 1931 in a campaign to obtain airmail contracts. Placed in evidence was a letter in which Cord had written to his able First Lieutenant Lucius Bass Manning: "Requa seems to think ... it is a cinch that Postmaster General Brown is going to bow to him and definitely says he has the power and will call Brown on the carpet...
...Fourth Assistant Postmaster General Sillirrmn Evans, whose name has frequently been linked with Errett Lobban Cord's because of his onetime position as vice president of American Airways, resigned last week to become vice president of Maryland Casualty...