Word: newark
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Dates: during 1930-1939
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...reached his hand into St. Louis, Newark, Atlantic City. He spread his power over the newborn labor rackets. He built a $65,000 walled fortress in Florida on Palm Island, near Miami. He turned up at theatres, thick lips puckered, flanked by watchful bodyguards. Honest men patted him gingerly on the back, said of him, "Great fellow, Al." He sat with society in Miami, he had a ringside seat at the big fights. His levy fell on millions-every man paid through his liquor, entertainment, food, clothing. The take of his racket organization was estimated...
...hungry New Jersey has a propensity for pulling the teeth of gift horses (see p. 73). One victim was opulent Standard Oil Co. of New Jersey (assets: $2,044,635,000). Hit with a $300,000,000 assessment on its intangible property by Newark in 1935, the company got it reduced to $50,000,000, paid a $2,000,000 personal property tax, promptly moved its books and records to Linden. There town fathers slapped on a $75,000,000 "omitted assessment." Standard paid a $1,000,000 tax and began looking for still another home...
...more corporate safes were on their way to him. Busy rearranging his office to squeeze them in, he was thinking of moving to new quarters. The newcomers: big United Shoe Machinery Corp. (assets: $124,468,000), formerly of Paterson, and Montana Power Co. (assets: $152,093,000), formerly of Newark. What their arrival would do to the dwindling property tax rate (now 81?; town 8?) Flemingtonians could only guess. Maybe the town tax would melt away altogether. Busily turning their new-found tax savings into fresh coats of paint; landscaping, new roofs, etc., the town was rewarded for not being...
...Marion Restaurant in Newark. N. J. a reporter of the Amsterdam News (Harlem Negro weekly) recognized a waitress, Harriet Mercer, who last summer sailed for France to marry Prince Batoula of Senegal (TIME, July 10). She had not married the Prince. Reason: "international complications," including publication of the fact that she had a husband, Pullman Porter Clarence Rollins. Said Harriet: "For all I knew Clarence was dead. The last I ever...
...last week NBC-RCA television engineers demonstrated that not all of these dreams are pipe dreams. In a United Airliner equipped with a television receiver and two-way radiophone, an invited group flew from Newark Airport to Washington-some 200 miles away from NBC-RCA's Empire State Building transmitter, W2XBS, which has a normal "eyeline" range of 50 miles. Over Washington the ship started to climb. At 21,600 feet, with the passengers sucking oxygen and the windows curtained with frost, it nosed high enough over the earth's curvature so that it was on a theoretical...