Word: rail
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Dates: during 1960-1969
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Some church groups hold that gambling is sinful. Newspapers often rail against its iniquities: the Detroit News recently warned that legalized gambling can only create a great "assemblage of shills, touts, confidence men, fast-dollar operators and freebooters." Politicians piously denounce gambling as a creator of corruptness. Yet for all that, legalized gambling is booming across the U.S., and for a simple reason: the revenue-hungry states have discovered that gambling, though it may be wicked, produces money that is as good as gold...
...gloomy British Railways headquarters on London's Marylebone Road, a room has been kept carefully locked for months, with its key entrusted to only one man. The room's treasure: the data for a top-secret report on Britain's rail system prepared by burly, brusque Dr. Richard Beeching, 49, who resigned two years ago as technical director of Imperial Chemical Industries to become the nation's rail-car czar and the highest-paid civil servant ($67,000 a year) in British history. Last week the report was finally made public, and Beeching's thoroughgoing...
Cutting the Queen. The British invented railways, and oversold themselves on them. Britain has more track per square mile than any other nation and a rail station for every 2½ miles of track. Historically inefficient, Britain's railways have become even more so since their nationalization in 1948, have lost money each year since 1953 at an increasingly alarming rate. In 1961 the loss was $381 million on revenues of $1.3 billion. As a businessman who believes that even a public service should be able to show a profit, Beeching was appalled by what he found. Fully half...
Public concern and Presidential indignation, however, have focused largely on the melodrama of strikes rather than on the tragedy of unemployment. The newspaper dispute, the East Coast dock strike, and a prospective walkout by the rail-road employees served to evoke the image of "featherbedding" by reactionary union leaders (ironically, the Typographers' rank-and-file now demand more advantageous terms than Mr. Powers had settled...
...industry. Rumors circulated that S.A.O. members, disguised as cops, would attack the strikers to provoke them to violence against the government, but the only toll of the strike so far was economic. Thousands of steel and natural gas workers went out on a sympathy strike, and a 24-hour rail walkout cre.ated a transportation tie-up all over France. Into Paris drove a 342-car convoy of some 2,000 Lorraine ironworkers chanting: "Give us some sous, Pompidou...