Word: lowerings
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Dates: during 1930-1939
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...tiara for the Embassy State dinner. After that function (where Mrs. Woodrow Wilson had an inning), Their Majesties entrained for Red Bank, N. J., next morning were escorted to the destroyer Warrington at Sandy Hook. Hundreds of Britishers on chartered steamers missed them as they sailed across the Lower Bay to the Battery. Governor Lehman and Mayor LaGuardia got in behind them in a big Cadillac, squired them under prodigious police escort up the West Side express highway (chosen over the Mayor's protest, instead of Broadway-Fifth Avenue because it was easier to patrol) in a triumphal journey...
...line is drawn out hair-thin as it threads this needle's eye, 10,000 British troops, 400 British airmen guard it. Since most of the stockholders are French, 19 of the 32 directors are Frenchmen (ten are British, two Egyptian, one Dutch). Italians have long clamored for lower Canal tolls and representation on the Board of Directors, chiefly because Italy spends big money on Suez tolls to maintain communication with Italian East Africa. Lately Italy has been trying to lend weight to its demands with the somewhat irrelevant assertion that not only Ferdinand de Lesseps, but three obscure...
...granddaughter of class-conscious Charles Dickens, went to work as a cook to get material for a book on belowstairs life. President Cass Canfield of Harper & Bros, announced he had bought the book (One Pair of Hands), gaffed: "She has an easy pen and the same interest in the lower half of the people that Dickens was so well known...
...Eastern roads were not convinced. They credited better business to recovery not to lower fares. So last July, when facing Depression II, they persuaded ICC to up coach rates to 2½?. Immediate result: New York Central's August revenues dropped 17% from the same month in 1937, B. & O.'s dropped 19.5%, New Haven...
This was a lesson in economics. Last week the Eastern roads tacitly admitted that they had learned something from it. Mr. Williamson's committee plumped for lower rates and bigger volume-with a hedge. The Western roads which have profited by low fares have comparatively long passenger hauls. (Average passenger ride on Union Pacific: 560.89 miles. Average on New York Central: 57.85 miles.) So the Eastern roads plan to scale their fares down to encourage longer rides...