Word: railroads
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Dates: during 1930-1939
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...good market for fuel. Electric power derived from Swiss waterfalls was sold to both sides for use in making explosives. Meanwhile, the Swiss did a curious broker business. Germany needed French carbide-cyanamide for saltpeter, French bauxite for aluminum; France needed German iron and steel for emergency railroad tracks and barbed wire entanglements. Swiss dummies arranged the exchange of these commodities, with the tacit consent of the belligerents. The governments did not care whether German soldiers died on barbed wire that originated in a German factory, or whether British ships were torpedoed by German submarines made, in part, of aluminum...
Believing that Government spending (for new public works, railroad equipment and housing, etc.) is necessary to tide over steel and other durable goods industries the summer and autumn of 1940, New Dealers now count on sagging indices. They asked whether Congress could revive (noted Barren's Index on building stocks was down 7.66% from July 28) July's stockmarket boom...
Although his fortune is estimated at well above $5,000,000, there is no swish to William Woodward. He owns no marble palace, no yacht, no private railroad car. He has four homes (Manhattan town house, Long Island country place, Newport cottage, Maryland farm) but none of them is pretentious. His four daughters, beauteous like their mother, were never advertised as Glamor Girls, had no noisy coming-out parties. His only son sails a 15-foot boat on Long Island Sound?and when Father Woodward wants to go yachting he sails the little...
...best Straussiana-the original sheet music of his waltzes-Vienna did not get. For years a rich Viennese railroad man, Paul Lowenberg, collected scores not only of Johann Strauss but of other 19th-Century waltz-men-Strauss's father Johann, his father's teacher and rival Joseph Lanner, his brothers Joseph and Eduard Strauss. Collector Lowenberg acquired 1,644 pieces of music. His family, on their uppers just after Anschluss, looked for a purchaser for the collection, found one in the U. S. Library of Congress. According to Dr. Karol Liszniewski, Cincinnati musician who arranged the deal...
...more than 23,000 employes, the Louisville & Nashville Railroad is "Old Reliable." Conservatively operated, and not overloaded with the fixed charges that have broken the backs of many Class I roads,* efficient "Old Reliable" has never been in receivership, has passed only one dividend on its common stock (1933) in the past 40 years. "Old Reliable's" president is peak-nosed, Cumberland Mountain-born James Brents Hill. Like his predecessors, he likes to keep his employes on the job in L. & N.'s constant drive for courteous, economical operation, sends out frequent "President's messages" to every...