Word: loss
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Dates: during 1920-1929
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...added 42 millions for back pay to railroads for mail transportation. Unless something was done and done promptly, President Hoover foresaw where the postal deficit would be 85 millions per year for the next five years, plus 35 millions per year for new construction-a net loss of 600 millions in five years which U. S. taxpayers would have to meet. The annual cost of handling the U. S. mails is about 800 millions. Postal deficits are due to the fact that not all postal rates cover equitably the cost of the service rendered. The Post Office makes money...
...black-hearted villain and assassin" was last week isolated and thus described by Mississippi's Governor Theodore Gilmore Bilbo in a formal address to the State Legislature. Governor Bilbo had been charged with attempting to peddle a Mississippi bond issue to a Nashville, Tenn. bond house, at a loss to his State of $85,000 and contrary to law. In a 5,000-word message he denied the charge. The same message asked each legislator to donate one goldfish for the fish pool at the Governor's mansion. Said Governor Bilbo: "If you adopt this suggestion...
...President Hoover coined it himself to apply to the potent citizens he was drawing into Federal service. To these men he explains that they are patriots because each of them makes a "personal sacrifice" to accept appointment. The "sacrifice" meant by the President in most cases is a heavy loss of income, plus the presumptive inconvenience if not discomfort of leaving home to visit or live in Washington...
...King-Emperor is one of the six or seven finest wing shots in England. To console him for the loss of the Scotch shooting, the Sandringham gamekeeper announccd that Sandringham coverts are unusually well-stocked this year. Last week Lord Stamfordham, the King's private secretary, ordered a pair of guns a few ounces lighter than those His Majesty used before his illness, from Purdey, famed gunsmith...
...hands of Jay Gould, Jim Fiske and Daniel Drew. There followed a long series of unprofitable years, during which the Erie was an "orphan" road, no one interest controlling it. In 1924 the Van Sweringens secured control, and the Erie soon began to show a profit instead of 3 loss. Erie's 1927 net income was $3,512,650; its 1928 income was $10,002,883. For the first quarter of 1929 it showed a net of $2,143,839 against $361,771 for first quarter...