Word: haven
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Dates: during 1950-1959
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WILLIAM L. SHACKLEFORD New Haven, Conn...
...claim, to be a newsmagazine, but your June 22 article disparaging the commuter service on the New York, New Haven & Hartford Railroad revealed your magazine for what it is: merely an entertaining collection of witticism, distortion, and onesided reporting tailored to please those lazy-minded individuals who haven't got the guts to think for themselves...
...Look magazine and some book reviews, it was Polish-born, South Carolina-raised Earl Mazo who blew up. Said he: "I hope to God for the sake of the country that your decisions are based on much more full and accurate evidence than judgments on a book you haven't even read." Newsmen who had overheard the conversation at first agreed that they would consider it off the record; but the story, too intriguing and important to keep quiet, was printed two days later, first by Des Moines Register and Tribune Correspondent Clark Mollenhoff...
...this year, the Lehigh Valley Railroad chalked up profits of $87,121 in May v. last May's loss of $284.321. The Norfolk & Western Railway raised its income in the first five months to $19 million with a $4,500,000 profit in May. One exception: the New Haven Railroad (TIME, June 22), which fell deeper into the red in May with a $517,039 loss, its fifth consecutive monthly loss and $150,000 greater than its loss in recession May 1958. To give the railroads hope for even better earnings, revenue freight car-loadings reached their highest level...
Since McGinnis left the New Haven, the line has increased its commutation fares three times, for an overall hike of 40.91%, and President Alpert recently announced that he is after another, averaging 6.26%, effective July 1. At the same time, the New Haven last year cut its equipment-maintenance costs by nearly $4,000,000, its ways-and-structures maintenance by nearly $2,000,000 (the New Haven says partly because of improved methods). The results of using aging, ill-kept equipment are clear for all to see and suffer: the latest monthly figures show that no fewer than...