Word: freighting
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Dates: during 1940-1949
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...lands she had conquered Russia had brought not only the sword but the salvage crew and empty freight train. These instruments of conquest, like the sword, could summon up bitter resistance. Russia's eagerness to grab industrial equipment might get in the way of her more important program of political expansion. And Russia, wolfing her conquests in eastern Europe and Manchuria, hungered for still more that was outside the boardinghouse reach of the Red Army...
...Silver Bloc last week chalked up another victory over the U.S. taxpayer. After two months of wrangling, it finally got a bill through Congress, boosting the price of silver from 71.1? to 90.5? an ounce. Who will pay the 19.4? increase? The same people who have been paying the freight ever since silver was jacked up from 44?-the taxpayer and U.S. manufacturer...
...Murphy. He was tough and bejowled, just like Diamond Jim, but he was no party-thrower. The hard-working Mr. Murphy shook the dust and defeatism out of Pressed Steel, gave it a new kind of flash. Result: last week, after nearly half a century of making nothing but freight cars, Pressed Steel sparkled with plans to invade the home-appliance field. The first shiny electric ranges were rolling off the production lines in its Chicago plant...
...wasn't satisfied that Pressed Steel had again become the third largest freight car manufacturer in the U.S. (numbers 1 & 2: American Car & Foundry; Pullman, Inc.), or that it had $42 million in car orders on hand, expected soon to be producing cars at the rate of 120 a day. Said Murphy: "Selling to railroads means either feast or famine. I'd rather have 50 million potential customers than a handful...
With labor and material costs rising and revenues dropping since V-J day, railroads have been struggling to keep their heads above water. Last week the Interstate Commerce Commission threw them a lifesaver: a 6% increase in freight rates, effective July 1-except for certain basic commodities such as products of agriculture, slag, gravel, etc. on which the boost was only 3%. To make up for their lower rate of earnings, Eastern railroads were allowed a further increase of 5% on all but anthracite and bituminous coal, lignite and iron...