Word: currently
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Dates: during 1920-1929
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...Court decided in favor of the St. Louis and O'Fallon R. R. in its dispute with the Interstate Commerce Commission on the most fundamental issue in the transportation world-valuation. The Supreme Court, five to three, ruled that the I. C. C. had failed to give to "current reproduction value" the consideration Congress intended in the Transportation...
...depends on valuation. For 15 years the I.C. C. has been tentatively valuing U. S. rail properties. I. C. C. valuations have generally been on the principle of original costs, plus improvements, less depreciation. The carriers have contended for valuations on the basis of reproduction at present price levels ("current reproduction value"), less depreciation. In 1920 the I. C. C. valued U. S. railroads at approximately 19 billion dollars. The roads valued themselves at 30 billions. Both sides agreed that about five billions have been spent on improvements and replacements since 1920. The point at issue was the eleven-billion...
Under Miscellany of TIME, May 6, was an item headed "Scared" telling of a boy, age five, frightened by a dog and within six hrs. losing his hair. I gave this topic in Current Events and my teacher called me down before the whole class. I received no grade for the topic for she said it did not happen and was not possible. I told her it came from the magazine TIME, but it made no difference. Mother said I should write to you for the sake of my grade, hoping you could give me more information on the matter...
...mammoth investment trust is Ungerleider Corp., with its relatively modest 25-million-dollar initial capital. But in view of current criticisms, its structure attracted attention. It begins life with a management contract entered into with Samuel Ungerleider & Co., which provides that the brokerage house will receive no compensation except standard commissions unless the investment trust has earned in excess of 8% on its capital. When more than 8% has been earned, Samuel Unger leider & Co. will receive 20% of net profits, but only if the payment of such 20% does not reduce the corporation's profit below...
...special meeting of the East Boston Improvement Association held last night at the call of Richard C. Kirby, president.... the representative bitterly denounced the Harvard Crimson for the insulting reference which it made to East Boston in an editorial in its current issue...