Word: railroad
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Dates: during 1940-1949
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Layoffs & Lectures. From the red brick railroad station to Oppenheims, Jackson's big modernistic department store, Main Street was feeling a pinch. The stores were bustling with people, but less than one out of ten customers walked out with a package. Last week 60 clerks who had been laid off reported for unemployment compensation. At the weekly meeting, the manager of the Sears, Roebuck store lectured his employees: "This week we dropped another $11,000 from our previous week ... I must ask you to watch every penny, be it in the cash register or in the electric bill...
Into the depot at Aurora, Ill. last week glided a diesel locomotive with two spanking new streamlined, bubble-domed coaches. Out of one stepped Ralph Budd, 69, the highballing president of the Chicago, Burlington & Quincy Railroad, who had done more than any other railroader to make such dream trains a reality...
...celebrate the road's first 100 years. He donned a claw hammer coat and stovepipe hat, glued on a black mustache, and helped re-enact the granting of the Q's 1849 charter for its first twelve miles of track. But Budd, whose 10,600-mile railroad system is now the U.S.'s fourth longest,* had his eye, as usual, on the future...
...boss of the small Akron, Canton & Youngstown Railroad, Harry Bartlett Stewart Jr., 44, had spent half his life shipping coal. But Bart Stewart thought there was a better way to do it than by train. Last week, he formed a company to build the longest conveyor belt in the world to haul coal and ore. It would stretch from Lorain on Lake Erie for 103 miles south to East Liverpool on the Ohio, with branch belts to Cleveland and Youngstown...
...mills. There would be enough room in between the belts for workers to tend the machinery. In this way Stewart hoped to move 29 million tons of coal, 30 million tons of iron ore and 3 million tons of limestone a year-at about half the price of present railroad rates...