Word: panama
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Dates: during 1940-1949
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Similar means of extracting a living from journalism were those employed by Le Matin's Publisher Maurice Bunau-Varilla (whose brother started the Panama Canal). A classic case was Bunau-Varilla's campaign against Leopold II of Belgium, which stopped suddenly after special concessions were granted a Belgian Congo railway of which Bunau-Varilla was a director. In his later years the publisher became interested in a pharmaceutical formula known as Synthol. It was adopted first by the French Army. Later the Germans professed to need it in great quantities. When France fell, Le Matin was the first...
Panagra started about 1928, when Pan Am was first nosing into South America. On the east coast Pan Am had no U.S. competition. But in the west Pan Am ran smack into Grace, which has toted Chilean nitrates, Colombian coffee, Peruvian copper and Panama hats in its green, white & black funneled ships for decades, considers that part of South America a state of Grace. Grace was thinking about an airline to complement its shipping business. So Pan Am and Grace made a deal-each anted up $500,000, agreed to own and operate Panagra, 50-50. Panagra started flying...
Last December W. R. Grace & Co. got good & mad. The four Panagra directors named by Pan Am refused to let Panagra petition for a route north from Panama. So Grace went ahead on its own hook, filed an application-complaint with CAB. The application: a terminal for Panagra in New Orleans, Tampa or Miami. The complaint: "connecting service [by Pan Am] has become increasingly inadequate. . . . [The new route] would forever free the Panagra service from dependence on a connecting carrier . .. whose interests can never be expected to be exclusively service to the Panagra route." Pan Am says it has fulfilled...
Meanwhile, ever-increasing U.S. Latin-American trade relations are booming air travel. To fly this business, both Pan Am and Panagra last year boosted operations on most of their lines. In some places service is de luxe. Northwest out of Panama, for example, Pan Am runs fast DC-3s 14 times weekly (see map p. 80, where line thickness indicates flight frequency...
...teaching other young sprouts at Den Helder, his favorite lecture was on the coming war between the U.S. and Japan. "When?" his students would ask him, and he would boom: "In this generation." Then he would stride to a blackboard map and chalk three Xs- on Pearl Harbor, the Panama Canal, San Francisco. "There," he would say, "the attacks will fall...