Word: got
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Dates: during 1930-1939
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...January 1938, unable to borrow anywhere else, it got $8,233,000 from RFC to pay its wages (it already owed RFC $80,000,000). In June, without collateral for another loan, it met a $1,700,000 debt only because Jesse Jones arranged for PWA to buy the road's run-down Chesapeake & Ohio Canal, unused for 15 years, for $2,000,000. Last November the Interstate Commerce Commission allowed Dan Willard to cut his fixed charges $11,000,000 a year by persuading the bondholders to accept an eight-year moratorium on interest payments. Last week...
...some 80 aeronautical properties, including 9,100 miles of airlines. These were presently lumped into American Airways. As might have been expected, the conglomeration had an operating loss of $3,400,000 in 1930. Successive losses brought continued shake-ups in management until 1932, when Plunger Errett Lobban Cord got control after a spectacular proxy battle...
Cord management succeeded in cutting the deficit down to $600,000 in 1933 but next year the notorious airmail cancellations dealt American Airways a $4,500,000 wallop and it had to reorganize, emerging in its present form as American Airlines, Inc. The same year American got its present president, homespun, slangy Cyrus Rowlett ("C. R.") Smith of Texas...
...diversity of contemporary arts had been made before at the Bauhaus in Germany, but they were fancy business in America in 1929. No zealot, Director Barr concentrated on paintings, the main interest of such trustees as Samuel A. Lewisohn and Stephen C. Clark, and bided his time. He got a secretary and five small exhibition rooms in a Fifth Avenue office building. The trustees met for the first time in October, armed with pledges for $200,000. In November the Museum of Modern Art opened its doors with an exhibition of Lillie Bliss's fine Cezannes and other first...
Still plugging their once-sensational theory that economics makes history what it is, the Beards explore the underground economic forces that brought about Coolidge prosperity. With the aloof amusement of two moralists who stayed sober while the rest of the world got tight, they investigate the causes of the crash, the closing of the banks, the New Deal and government by Brain Trust...