Word: railings
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Dates: during 1960-1969
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...welfare system for its Latin American workers that included 188 schools and 16 hospitals, cost $4,000,000 a year to run. Unlike its latter-day competitors, who buy their bananas from independent producers. United Fruit also had vast fixed investments in banana lands, workers' housing and rail lines to haul the fruit. Between 1957 and 1960, as the company's sales dropped from $342 million to $304 million, these pressures shrank its per-share earnings from...
...problem by giving Whirlaway a long rein. And Trainer Jones helped out on Derby Day by cutting away the left cup of the colt's blinkers. The plan was to give Whirlaway full vision in his left eye so that he would naturally tend to follow the rail on turns. Recalls Eddie: "I thought to myself that this was a hell of a time to be experimenting. But it worked. We won by eight lengths, and Whirlaway still holds the track and Derby record...
TAXES. The 10% tax on rail and bus tickets would be eliminated; on plane tickets, it would be halved to 5%. The Government would impose new taxes of 2? per gallon on jet fuel and barge fuel, which would help to defray the Government's costs of dredging waterways, building airports and running the air lanes-and also help to quiet the railroaders' complaints that their competitors enjoy many indirect subsidies. Direct subsidies to the nation's small "feeder" airlines, now amounting to $68 million a year, would be stopped...
COMMUTERS. Straying somewhat from his anti-subsidy theme, Kennedy urged massive federal grants to help cities build, expand or modernize highway systems and commuter rail lines. Proposed first step: a $500 million grant over the next three years, with Washington committed to put up $2 for every $1 allocated by local authorities...
...relaxed Washington attitude toward railroad and airline mergers that would help to eliminate duplicate facilities. Where the Government has previously tended to focus chiefly on the antitrust aspects of mergers, greater weight now seems likely to be given to purely economic considerations. The President pointedly ignored requests by the rail unions that he restrain mergers which might endanger jobs...