Word: postal
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Dates: during 1920-1929
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...Mounting postal deficits have caused President Hoover much anxiety. This year's loss is estimated at $100,000,000. The President instructed Postmaster General Walter Folger Brown to discover the causes of, to devise remedies for, these deficits (TIME, July 22). An audit of the scrambled costs of maintaining the different classes of postal service is now in progress. Last week Postmaster General Brown prepared to call into an October conference the big users of first-class mail, particularly direct-mail advertisers. Quickly spread the firm belief that the Department would recommend as a deficit-extinguisher an increase...
...Capitol, Senator George Higgins Moses of New Hampshire, onetime chairman, now most potent member of the Post Office & Post Roads Committee of the Senate, doubted if Congress would approve any postal rate increase now. Said he, who used to be a publisher himself (Concord Evening Monitor): "I do not see how we can increase the first-class rates, since we made the mistake of reducing them after the War." The Senator objected to the fact that religious, fraternal and scientific periodicals-some 6,000 of them-pay the post office for distribution only one-third the rate required of commercial...
That might have terminated as an internal company dispute. But Promoter Montgomery mailed Airvia prospectuses which intimated that the company would earn $2,430,000 per year. In its first three weeks of operation it earned only $8,000. The flyers told the postal authorities, disclosed Promoter Montgomery's prison record (five years at Atlanta for using the mails to defraud...
...Bermuda and London. Clarence Chamberlin, a gull for no long time,* was vexed. He asked and received a temporary injunction against Hadley & Co. selling Crescent stock. Chamberlin also had newspapers print his public warning against buying Crescent stocks. This scandal, however, did not create official investigation. Airvia-Coastal. The postal inspectors last week made a just distinction between promoting a company and operating it. Airvia Transportation Co. itself is not under criticism, nor is Coastal Airways...
...knowingly, critically. Irritated, national contenders challenged him to play. He beat them. Two years later he won the U. S. Championship. Two years ago he was on a team which defeated English invaders. Lacking competition in Toledo, he plays by mail with far-off experts. Once he had a postal game with an Australian which lasted more than a year, ended in a draw...