Word: railings
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Dates: during 1970-1979
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...Soviet release of the U.S. generals brought an end to the incident but hardly to the mystery of their capture. According to Scherrer, the plane had simply got lost in bad weather and then followed what seemed to be the Erzurum-Kars rail line. Turkish military observers had a different line of speculation. They said that the generals had taken a detour to catch a glimpse of the heavily guarded Russian border near the picturesque Turkish town of Ani, the ancient walled capital of Armenia. Emerging from a cloud bank, they picked up the Leninakan radio beaconwhich just...
...thorough manner than did Winston Churchill when he returned to power in 1951 after six years of Labor rule. The new budget eliminates funds for the nationalization of the ports, halts grants for industry and the building of tourist hotels and will begin phasing out aid for London commuter rail lines. "Our object," explained Barber, "is to widen the area within which industry rather than government will take decisions...
...TIME Correspondent Mark Sullivan reported: "This is quasi nationalization of the nation's rail system. It will most likely lead to more Government participation as time goes on. The U.S. until now has been the only industrialized country in the world with a totally private rail system. The Penn Central debacle, if not turned around quickly, will hasten the day that this private system becomes another arm of the Government...
Hope of Profits. Theoretically, the new rail corporation is supposed to earn a profit, like Comsat. Private railroaders consider this idea ludicrous, and predict that Railpax will be forced to turn to Congress for more subsidy within a year or two. Even if their freight operations are included, the much-admired nationalized railroads of Western Europe and Japan run deeply in the red. Railpax backers count on managerial innovations to entice more riders aboard trains. The average passenger may find conditions much the same for a considerable time. Railpax will pay the private railroads to operate its trains; they will...
...Under a separate law signed last week by President Nixon, federal authorities can spend $80 million this fiscal year and as much as $10 billion over the next twelve years for new and improved bus-and rail-transit systems in urban areas. The Government will pay up to two-thirds of project costs...