Word: ib
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...began to operate Walter Brown, then Postmaster General, increased this subsidy to $2,185,000 per year. But Export Steamship was not overburdened with postal cargo. From August 1928 to June 1929 its ships carried precisely three pounds of mail, a cost to the Government of $234,980 per Ib. In 1929 it carried one pound of mail for $115,335. For fiscal 1931 it carried eight pounds of mail for $125,820 per Ib. Its defense was that ocean mail contracts are only a legal pretext for an outright subsidy, that its ships always had cargo space reserved...
...demand for 20? cotton had been shunted about Washington for days. They got into the White House only on the promise that they would hush their inflation talk and stick to cotton. Day after their visit the President announced that the Agricultural Adjustment Administration would lend planters 10? per Ib. on unsold cotton, provided they agreed to reduce their 1934 crop 40%, their 1935 crop 25%. That was 1? per Ib. above the spot market price and represented a potential outlay of $400,000,000 by the Government. Cotton futures went churning up above the proposed loan level. Southern pressure...
...turns, wheedling his mount in a squeaky, nervous treble. He uses whip and spurs less than most young jockeys who are less canny with their hands, but he can ride a "strong" finish when he needs to. Only 4½ ft. tall, not much heavier than 92 to 95 Ib. on a jockey-room scales, pee-wee Jack Westrope may well satisfy his remaining ambition-to win the Kentucky Derby- before he needs to face a jockey's greatest problem, weight...
...yield of the other three-quarters far above normal. Last week spot cotton was selling for a shade over 9? per lb. (last year's price: 7?). Southern planters were demanding currency inflation and 15? cotton. A loose law made possible the pyramiding of the 4.2? per Ib. cotton processing tax from manufacturer to retail consumer, with the result that the A. A. A. last week had to warn the country against profiteering and price-gouging in the textile trade...
...turned professional. When an opponent broke two ribs on his right side, he tried boxing lefthanded. Says he: "When the ribs are cured, I can't go back to fighting right-handed again. Je reste gaucher." Shortly after his first professional bout, Lou Brouillard won the welterweight (147 Ib.) championship, lost it three months later to Jackie Fields. Now 22 and 160 lb., he plans to win the light heavyweight championship from Maxie Rosenbloom next year. When he goes to a strange town to fight, Champion Brouillard makes a habit of selecting favorable sites for lunch-wagons. He owns...