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...downward side, the railroads continued the slide that they started late last year. They are taking in more money but lower freight rates, taxes and higher wages leave less & less. Southern Pacific rolled up $21,685,247 in last year's first quarter, saw its profits plummet to $11,445,893 in this. Smaller roads fared no better. Pere Marquette tumbled from...

Author: /time Magazine | Title: EARNINGS: Good First Quarter | 5/15/1944 | See Source »

...parachute burned. Smith knew his parachute was built to carry 250 pounds, knew that two men with equipment weigh nearly twice as much. But, hoisting his wounded friend onto his back, he jumped. The chute snapped open, held-but Smith lost his grip on his friend, saw him plummet to his death. When Smith floated down to earth, he was taken prisoner. Last week, for a brave try that went wrong, the Air Ministry awarded him the Distinguished Flying Medal...

Author: /time Magazine | Title: World Battlefronts: Incident Over Holland | 4/26/1943 | See Source »

Sleeper's Slip. In Memphis, a sleeping fireman woke to an alarm, jumped to the slide-pole, dropped like a plummet, broke his legs. Both his arms had gone to sleep...

Author: /time Magazine | Title: Miscellany, Jan. 5, 1942 | 1/5/1942 | See Source »

...from the reckless rush through a steep gorge where it has been cut to snowy foam against the chaotic jumble of jagged boulders, where it has hurtled over precipices--not in smooth little aprons but in balls of white water which shoot far out into the air and then plummet downwards like rockets, leaving behind them long confetti-streamers which are lost below in dense clouds of mist. Down their in the flat valley, the river could forget this roaring nightmare and become a lazy serpent of varied greens; light greens where the bright sands lay near the surface, shading...

Author: NO WRITER ATTRIBUTED | Title: The Vagabond | 5/24/1938 | See Source »

...several particulars the Recession is more remarkable than the Depression. It is remarkable because the 35% plummet from last summer's high is the swiftest decline in the history of U. S. business and finance. It is remarkable because the big, obvious factors which are usually held responsible for economic retrograde- swollen credit, top-heavy inventories, unmanageable surpluses-are not in existence. Business did overextend itself last spring, just before the President dampered the roaring commodity boom. But in large measure the principal cause of the Recession appears to be purely psychological, the result of Capital's mass...

Author: /time Magazine | Title: THE PRESIDENCY: Recessional | 11/22/1937 | See Source »

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