Word: freighting
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Dates: during 1930-1939
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...consists of Senator Guffey and of David L. Lawrence, who is the Governor's Secretary of the Commonwealth and patronage dispenser. Although Mr. Guffey bosses the machine, Governor Earle does not always obey him. This year, for example, he backed a bill for adding an extra brakeman to freight and passenger train crews. Labor wanted it but Senator Guffey, who is campaigning for lower freight rates on coal, opposed it. With the aid of David Lawrence, the Governor got the Legislature to pass...
...resorted to a fraudulent stock issue which brought several old commodity firms to bankruptcy, cost the public many a million, landed Kings Bishirgian & Howeson in jail and London's pepper market in thorough disrepute (TIME, Feb. 18, 1935 & March 2, 1936). This scandal combined last year with a freight war (making it cheaper to ship pepper to the U. S. than to Europe) to steer many pepper consignments to New York instead of London. For years the world's largest pepper user (30%), the U. S. then for the first time displaced England as a pepper mart. This...
...achieved its power- buy out competitors at pistol point or destroy them if they refuse to sell. Monopoly of oil was his objective almost from the start. The pistol he used was the secret rebate, the notorious device by which a shipper got a refund on his railroad freight, enabling him to undersell competitors. Rockefeller carried this one step further by bludgeoning the railroads into giving him not only a rebate on his own shipments but also a cash kickback from the freight paid by competitors. Thus if the rate was, say $2 per bbl. from Cleveland to New York...
Raids by swooping bandits on U. S. passenger trains did not long survive their most eminent practitioner, Jesse James. Much different in technique are the raids still made on freight trains. Freight car robbers work often on moving trains, choose sparsely settled country where a highway runs beside the tracks. Swinging off from box car roofs on rope ladders, they break the seals on the doors, climb in and toss out everything they can lay their hands on. Confederates in trucks pick up the loot...
Last week the Association of American Railroads reported that claims resulting from freight car thefts in the U. S. and Canada totaled $688,792 in 1936, lowest for any year on record. Biggest losses were in coal and coke, stolen not only by organized gangs but by individuals who needed fuel. Professional train robbers concentrated on tobacco products, jettisoned $125,000 worth during the year. Railroad police kept their record clear on liquor shipments, in which no highjacking cases have been reported since Repeal...