Word: railings
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Dates: during 1980-1989
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DIED. Dennis R. Barnhart, 40, president of Eagle Computer, Inc., a thriving young microcomputer firm that, partly through his skillful management, had doubled its sales every quarter since its May 1982 incorporation; of injuries suffered when his red Ferrari swerved out of control, tore through a guard rail, and crashed into a ravine, only hours after the company's first public stock offering made the paper value of his holdings $9 million; in Los Gatos, Calif...
...Americans had no part." The responsibility for the Holocaust should not be limited to the Nazis and their collaborators. We who knew of the horror and did not stop it are also guilty. Reports of the death camps were smuggled to Allied authorities with the urgent appeal that the rail lines to the camps and the gas chambers be bombed. This request was denied because, it was said, these were not military targets. A Holocaust memorial in Washington is not only appropriate but morally mandatory...
When the Federal Government combined the bankrupt Penn Central railroad with five other failed lines to form the Consolidated Rail Corp. or Conrail in 1976, some experts predicted that the new enterprise would be a financial sinkhole. Sure enough, over the next six years Conrail cost the Government about $7 billion. But against heavy odds, Conrail has become profitable. It earned $39.2 million in 1981 and $174.2 million in 1982 on revenues of $3.6 billion. Last week the U.S. Railway Association, a Government agency that oversees Conrail's operations, reported to Congress that the rescue operation has been...
Slowly, however, a transformation has taken place. The Government spent nearly $3 billion to computerize rail yards, upgrade facilities and repair creaky tracks. With the passage of the Northeast Rail Service Act in August 1981, Conrail was permitted to halt traffic on 2,600 miles of uneconomical track, about 15% of its total route network. Some 22,000 freight-service employees, including 5,000 who had job or severance guarantees, were cut from the payroll at a cost of more than $130 million. Last January, Conrail handed its unprofitable commuter service in New York, New Jersey, Connecticut and Pennsylvania over...
...Student Board of Education for Action, are opposed to Harvard University's usage of the name John J. McCloy for the new Kennedy School scholarship. We find it inappropriate that Mr. McCloy, who during World War Il opposed bombing rail lines to Auschwitz, gave clemency to German capitalists who used slave labor, and commuted the death sentences of convicted Nazi criminals, be honored with such a scholarship Most recently in a April 10, 1983 New York Times editorial. Mr. McCloy defended the decision to intern Japanese-Americans just as he had as Franklin D Roosevelt's Assistant Secretary...