Word: costs
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Dates: during 1930-1939
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...successful of all newsletters is grizzled, pipe-smoking Commander Stephen King-Hall's K.H. News-Letter. A smooth speaker on the "Children's Hour" of British Broadcasting Corp. (he told the boys & girls about Mrs. Simpson), Commander King-Hall started his news-letter to save himself the cost of answering his fan letters individually. Circulation of K.H. News-Letter has grown to 54,000 in three years, continues to grow at the rate of 500 a week. Commander King-Hall's chief source of information is the Foreign Office, where he goes three times a week...
Sixteen days, 19 hours, 4 minutes after leaving New York, Widow Adams was back again. She had flown all the way. Total mileage: 25,000. Cost: $2,500. Chortled she: "That's ten cents a mile. Can you travel cheaper than that...
Meantime all plane makers heard heartening news. In 1922, when British Aeronautic Engineer Frederick Handley Page took out U. S. patents on his wing slot, a safety device to control spinning and stalling,* he demanded a fancy price for installation: about 5% of the plane's cost (as much as $25,000 for a DC-4). Too costly for most plane makers who hesitated to devise variants lest they infringe on British patents, wing slots were rarely used. Many a flier crashed who might otherwise have been saved...
...head against it. Promptly, Bond & Share registered with SEC. Holding company service subsidiaries had frequently been charged with bleeding operating companies. So Bond & Share forfeited all income (about $800,000 a year) from its management firm (Ebasco Services, Inc.), which began servicing the system's operating units at cost. Next, Groesbeck pulled out of the TVA fight, selling four operating companies to Government competitors, leaving Willkie (of whose Commonwealth & Southern system Bond& Share is a 5% owner) to shift for himself, taking a loss of $2,433,209 on the deal. Finally, Groesbeck submitted to SEChairman Douglas a scheme...
Last March, at annual sounding-off time, Groesbeck tossed out his idea. He said: ". . . The objectives of both Government and the utilities must be with the widest possible use of electric service at the lowest possible cost. . . . The achievement of this end and the solution of the existing problems of competition lie in ... the coordinated use of the existing generatmg and transmission facilities of both " Two months ago the New York Power Authority (planning exploitation of the St Lawrence Waterway, very close to former governor Franklin Roosevelt's heart) made its annual report. In presenting a copy of their...