Word: inland
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Dates: during 1930-1939
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What was true of U. S. Steel, which is 40% of the industry, was true of the independents. Bethlehem reported a small profit for the last quarter but for the full year a net loss of $8,735,000. Its 1932 net loss was $19,404,000. Inland Steel turned a 1932 deficit of $3,320,000 into a nominal profit of $166,000. Jones & Laughlin cut a 1932 net loss of $7,910,000 down to $5,366,000. National Steel, only major steel company to earn a profit every year of the Depression, boosted its income from...
...most impressive example of successful Socialism in the U. S. Essentially a political body whose commissioners are appointed by the Governors of New York and New Jersey, it has through its building and operation of tunnels (Holland), bridges (George Washington, Bayonne, Goethals, Outerbridge) and terminals (Manhattan's Inland), thoroughly scotched the notion that public business cannot be run with the profitable efficiency of private business. Among the many bodies inspired by the Port Authority's record not the least is President Roosevelt's Tennessee Valley Authority...
...three years Advisor Harold Woodbury Parsons has sailed around the coastline of Europe in his own yacht, making forays inland to pick pictures. On his advice the Nelson fund directors have bought lavishly and well. Critics picking their way through echoing marble galleries last week spotted at least half a dozen paintings of world importance: Velasquez' St. Peter; Rubens' Portrait of Old Parr; El Greco's Penitent Magdalene; Goya's Don Ignacio Omulryan y Rourera; Titian's Antoine Perrenot de Granvella; Nicolas Poussin's Triumph of Bacchus...
...church adopted the Navy pennant, for use indoors alongside the U. S. flag. Because few churches hoisted pennants outdoors the question of propriety bothered no one until last week. Then the Navy Department was asked for an opinion. It shied away, saying that it could make no ruling about inland churches. While the Federal Council's Secretary Samuel McCrea Cavert went on investigating, last Sunday Queens Village Baptist Church continued to put God above Country...
...could drum up enough orders for rails to tempt the four steel companies into shading their price from $40 a ton (TIME, Oct. 16). Efficient Mr. Eastman promptly came through with orders for 844,000 tons. U. S. Steel's Taylor, Bethlehem's Grace, Inland's Block and Colorado Fuel & Iron's Roeder, the only railmakers in the U. S., agreed to submit strictly independent bids. Rail rolling, however, is no cut-throat business. For eleven years the price never varied a cent from $43 a ton. Last year it was downed $3. No responsible steelman...