Word: freight
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Dates: during 1950-1959
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...Norman staked out five men. At 10:30 p.m. a man slid out of the shadows, looked cautiously up and down, then snaked an arm under the icehouse loading dock. Out jumped the cops. "Who-me?" cried the flustered man. "Why, I'm just waiting to catch a freight out of town...
Just as serious as the passenger problem, in the railroadmen's view, are Government controls that prevent the railroads from cutting their freight rates to competitive levels, thus letting much of their freight business go to trucks. Baltimore & Ohio President Howard E. Simpson argued that Congress should pass a law to permit transportation systems to cut rates "irrespective of the effect upon competing modes of transportation...
...recommendations designed to ease the railroads' ills. Among them: allow the railroads the full cost of carrying the U.S. mail, now carried at a loss; eliminate the 10% federal tax on passenger fares, passed during the war to discourage travel, and the 3% tax on freight; encourage railroad mergers; allow the roads to diversify more widely into other forms of transportation, such as trucks and planes. Said the Central's President Perlman: "If we fail to convince you of the desperate need to act now, if you fail to act, the nation's railroads will go downhill...
...proving that the Sahara's oil would never be secure so long as France refused Algeria independence. As the first shipment was being pumped aboard the silver tank cars at Touggourt, rebels blew up a section of the rail line to the coast, derailed 20 cars of a freight train in a psychological shock of their own. But the tracks were hastily repaired, the armed guard increased, and by week's end the first oil safely reached Philippeville for loading aboard a ship bound for France. In a few years, predicted Max Lejeune, France will be self-supporting...
...series of satellites that, by early 1960, would keep a 24-hour watch on every part of the earth's surface. By late 1960-provided the Government adopts the plan soon-Atlas would push a manned hypersonic glider (five times the speed of sound) into orbit, finally lift freight ships into space to provide living quarters for a new generation of space residents. Not content with this plan, General Dynamics' scientists also have their eyes, minds and scientific talents fixed firmly on developing spaceships (called "Probes") to explore outer space. Surveying such projects, Frank Pace is convinced that...