Word: nordstern
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...three years Lufthansa pilots have flown the North Atlantic as cool as cream: they made eight flights in 1936, 14 in 1937, and this year they will make 28, two a week, with the Nordmeer, Nordwind and Nordstern, all Hamburg Ha. 1395 with four Diesel engines, a catapult start, and a payload of only 880 Ib. Lufthansa would like to start flying mail any day now, but it has been allowed to use Pan American's sea base at Port Washington only if it waits till Pan American can match it flight for flight...
Getting dollars to replace pfennigs is almost as devious and difficult. The Graf Zeppelin was built by pfennigs. In 1925 the Luftschiffbau Zeppelin was virtually bankrupt. Two ships which it had built, the Nordstern and Bodensee (since wrecked) were confiscated by France and Italy for War damages. The Los Angeles the U. S. forced it to build. Dr. Eckener, great publicist,* organized the Zeppelin- Eckener Spends (gifts, alms) and despatched collectors with small boxes to German street corners, theatres, beer halls, to collect pfennigs from money-pinched patriots. The pfennigs totalled enough to build the Graf Zeppelin...
...prospect for Edmund, son of Hugo, was not bright. First after his father's death he quarreled with his brother Hugo Hermann. As his share of his father's estate, he was given a controlling interest of the Nordstern Insurance Co. and of the Aga Automobile works. Recently he sold the former. Last week he got into serious difficulties with the latter. Short of cash, he could not pay his men's wages. He accused the banking interests of boycotting him. He offered $500,000 worth of stock to his employes, bargained with U.S. financiers for the sale...
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