Word: planting
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Dates: during 1930-1939
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...From the Fierce-Arrow plant at Buffalo two swank blue limousines were sent to Washington. Both were rated to do 110 m.p.h., both fitted throughout with bullet-proof glass, both had bodies armored with an invisible protection of bullet-proof steel plate. One was addressed to J. Edgar Hoover, chief bandit hunter of the Department of Justice, the other to Franklin D. Roosevelt...
Aluminum Co., planning to build a plant on the Little Tennessee River (tributary of the Tennessee), had begun buying a power site. When 80% of the land for a reservoir had been acquired, TVA stepped in, bought two small tracts for "national park purposes," one of a few acres, the other 30 ft. by 50 ft. For the more minuscule parcel of land TVA paid $150 (compared to $4 or $5 paid by Aluminum Co. for similar land nearby) but it was worth it, for Aluminum Co. could not legally flood two "national parks...
...will be difficult for TVA to explain some things in the McCarl report: 1) TVA expenses were $12,438,000, TVA receipts $1,345,000; 2) the Government turned over to TVA dams, electric and nitrate plants and other property valued at $133,000,000 which reappeared on TVA's books valued at only $51,000,000, with no reason given; 3) TVA wrote off as depreciation 10% of gross sales, or a total of $82,618 whereas Mr. McCarl figured that, even if TVA's low valuation on plant and equipment were accepted, at least...
These things struck at the heart of the argument for TVA as a yardstick for private power rates. By its write-down of 62% on plant and equipment TVA can make a showing of breaking even on rates that a private company could offer only at loss. Similarly with depreciation, on the present 10%-of-gross basis, TVA will have to get more than ten times as much revenue to make an adequate depreciation allowance. Mr. McCarl commented: "There is very little basis for assuming that revenues will ever reach such a figure...
...prodding. The foreign-born elements have been as faithful to their music as to their native food. The industrial groups have developed swiftly in the past two years. Chevrolet has a glee club of 40, directed by David Redwood who works in the die room at the forge plant. Hudson has a glee club and a band. General Motors has an orchestra and a chorus of 400, some of them foundrymen, some division managers, some electroplaters and one a patent attorney. Buick men sing in the Industrial Mutual Association Glee Club in Flint. Ford has no chorus, no orchestra...