Word: ownership
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Dates: during 1920-1929
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...Pacific Railroad will apply for permission to acquire the New Orleans, Texas & Mexico Railway, by the issuance of $18,000,000 15-year 7% notes. With the N. O., T. & M., Missouri Pacific will acquire its subsidiary, the International-Great Northern. Missouri Pacific already controls the Texas & Pacific through ownership of $23,703,000 of its $24,676,000 preferred and $10,000,000 of its $38,755,110 common stock. In addition, Missouri Pacific (or "Mop" as it is usually known, from its ticker symbol "MP") obtained a half interest with the Western Pacific in the Denver, Rio Grande...
...exporters. First of these is the high Brit- ish horsepower tax of almost $5 per horsepower-or $100 annually, even on a Ford. The tax yields the hard-pressed British Treasury about $65 million each year, and amounts to enough on each car to restrict con- siderably their widespread ownership. Moreover, gasoline retails at about 45 cents a gallon, which makes running expenses high. U. S. cars are built without especial consideration for their consumption of gasoline, where British cars are especially constructed to be economical of fuel. Yet U. S. cars have several positive advantages. They are better...
...Boston and Pittsburgh it is much the same; ownership rules, editorship bends the neck. Only in these two cities and in some others is the situation far graver in that it involves the integrity of the news columns, which in New York fare on the whole free from advertisers' and other privileged pressure. ... If journalism is a profession then the sole business of the 'business side' of a newspaper is to nourish the 'editorial side...
...struggling bravely with his Enquirer-Sun, bids fair to 'become for the South what 'Bill' White is for the prairies. . . . On the coast there is Fremont Older, lone survivor of a bygone epoch, who by virtue of his character, repute and personal following maintains an exceptional autonomy under Hearst ownership. There are the Scripps-Howard papers, a notable chain of twenty-six dailies in large and medium-sized cities, where the central editorial control is the slightest, and the editor of each paper is the captain of his craft not only over the editorial and news columns but over...
...Coolidge's Principles. "I believe in the American Constitution.. I favor the American system of individual enterprise and I am opposed' to any general extension of Government ownership and control. ... I believe in a reduction and reform of taxation. ... I am in favor of protection...