Word: lined
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Dates: during 1930-1939
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...Glee Club, best known for its spring concerts on the steps of Widener Library, is the most popular division of the musical interests, but every body loves the band, many enjoy the Instrumental Clubs and orchestra, and a few boys really in the know in this line speak well of the Pierian Sodality...
Keel of the Dollar Line was laid some 40 years ago by dour old Captain Robert Dollar who needed ships for his lumber business in the newly opened Pacific Northwest. A goat-bearded gaffer with a self-made man's canniness and mistrust of others, he drove many a skinflint bargain. In 1928, at 84, he wangled a Government ocean mail subsidy calculated to pay him about $3,000,000 annually. For some $9,000,000 he had already purchased on time from the U. S. Shipping Board twelve vessels then valued at almost...
...hard time figuring out the financial maze his father had managed so shrewdly. He got help from Herbert and Mortimer Fleishhacker and their Anglo California National Bank of San Francisco. Straightway, the Dollar maze got mazier. Criss-crossed family corporations were set up, existing companies expanded. Soon the Dollar Line owed Anglo California some $3,000,000; and of the Dollar stock, the Fleishhackers owned 109,000 shares, the Dollars...
...financial overhaul, proposed instead counter plans that smacked of the old Captain's brass. Typical suggestion was that for the old Captain's bargain ships, on which $7,000,000 was still due, the Government should pay $18,500,000. When this sort of bargaining failed, the line decided to surrender to salvage...
...commission. To get them afloat again, the Maritime Commission will make a loan of $1,500,000, and get an RFC loan of $2,500,000 for working capital, grant a five-year operating subsidy of some $3,000,000 a year. To the Commission goes all the line's Class B stock (2,100,000 shares), almost half of its 252,000 shares of Class A stock. Six months after the transfer, the Commission will abandon the Dollar name, and the familiar dollar-sign insignia will disappear for good from the high seas...