Word: costs
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Dates: during 1940-1949
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...first Comet for the government without government interference. To win that freedom, along with the necessary government contract, he risked a heavy loss by accepting a penalty clause. If the Comet was not completed on time and did not perform as specified, he would have to pay the cost himself. He won the bet. He reckons that his Comet can cut the New York-to-London run to six hours, make the round-trip possible in one day. As a result of such enterprise, Sir Geoffrey last week was getting a big share of Britain's aircraft export orders...
Nevertheless, the threat was enough to cause U.S. planemakers to sound an alarm. They had no commercial jet planes under construction, or even on order, although their drawing boards were full of sketches. U.S. airlines could not afford the immense cost of a new transport estimated as high as $50 million. Both planemakers and airlines looked to Washington for help, but Washington had not made up its mind what to do. Last year, when the planemakers first woke up to Britain's challenge, they had tried to get Congress to pass a "prototype" bill under which the Federal Government...
...aircraft builders were ready to go whenever anyone placed an order. Lockheed, whose Constellation is a prime target for the Comet to shoot at, has plans for a 40-passenger jet transport which it thinks could keep pace with the Comet and cost no more than a Connie to operate. Douglas also has commercial jets, stalemated at the paper stage. So does Boeing, which said, perhaps overoptimistically, that it could produce a 500-m.p.h. transport within 18 months of receiving a contract. But Boeing's Vice President Wellwood E. Beall warned that Congress would have to act soon. Said...
...shares of more than 100 American ... corporations of good standing and high yield are selling on the Stock Exchange at prices lower than the per share values of the working capital of these corporations. In other words, the purchaser of stock of these corporations acquires at no cost [his share of] their fixed assets, equipment, good will and technical ability...
...During the last 35 years our organization has been fighting for a free University for the people. . . . Today we need moral and material help from the free students of the world. To them we ask not to forget that facism which has cost so much blood is still alive in Spain...