Word: rail-road
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...consolidate each bit of North China as they nibble it off, the efficient Japanese last week set up the "South Chahar Autonomous Government," with headquarters at Kalgan. This town, capital of Chahar Province, had been annexed by Japan eleven days before (TIME, Sept. 6), is on the Peiping-Suiyuan rail-road that sweeps through Nankow Pass, northern key to the fat, fertile plains that loop round the Shantung Peninsula. With Kalgan and the Nankow Pass already in their hands, the Japanese had only to capture the stretch of railroad from Kalgan to Suiyuan to find themselves with a stranglehold...
Although Senator Wheeler grumbled because Broker Young had not ousted leftovers from the Van Sweringen regime and complained that U. S. railroads are controlled by men who lack practical experience, the net summation of a week's rail-road investigation was the chairman's sharp comment on the campaign books. Said he: ". . . I resent the Democratic Committee going to people just prior to their coming here, and soliciting funds. . . . It might give the impression that people had to give money to get proper treatment...
...than in 1935. Since the Lehigh is primarily a coal-carrier, this meant Recovery. With coal & steel booming on merrily, last week rugged Edward Eugene Loomis, president of the road for 20 years, retired to become board chairman. Elected to succeed him was Scottish-born Duncan John Kerr, a rail-road man since 1904, when he arrived in the U. S. with a degree in engineering from the University of Glasgow. With Great Northern Ry. from 1910 to 1936, Mr. Kerr was assistant to the vice president in charge of operations and president of coal and lumber subsidiaries in Montana...
...country. New York, Philadelphia, Washington, Pittsburgh, Buffalo, Cleveland, Chicago and St. Louis are among its ports of call. It has a heavy Pullman traffic from New York to Chicago and is a great connecting road for traffic bound from New York to the South. Furthermore, its Long Island rail-road alone carried more than 79,000,000 passengers...
...books carry about one-tenth of the total railroad investment. It handles rather more than one-tenth of total railroad traffic. Like other roads, the Pennsylvania has seen its income, largest of any road in the land, cut in two by Depression. It took in $731,000,000 in 1929, dropped to $380,000,000 in 1934, recovered to $400,000,000 in 1935. Yet deficits have still to appear. In 1932. dismal rail-road year, it made $13,500,000. By 1935 its profit had been stepped up to $23,800,000- third best among U. S. carriers...