Word: railroads
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Dates: during 1930-1939
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...getting perilously near to the vital railway, had almost encircled Suchow. While Chinese defenses North of the railway held fast, even Chinese communiqués admitted Japanese advances by mobile columns from the South. At week's end the Japanese claimed that one column had cut the railroad at Tangshan, 50 miles west of Suchow. There the Japanese Southern Army hoped to meet the Japanese Northern Army and close the western end of the Lunghai corridor...
...Railroad Industry Declining...
...railroad industry, Professor Hansen states, "It is a declining industry owing to the competition of other methods of transportation. The solution of the railroad problem is not to charge higher rates but to thoroughly reorganize the capital structure. This involves the enormously difficult task of liquidation. To keep on bolstering up the top-heavy capital structure is hopeless...
However, a drastic change in the capitalization may necessitate salvaging the investment of life insurance companies and savings banks in railroad securities...
...line gang boss on a railroad electrification job, tells the story in his own words-a wisecracking lineman's lingo in which an angry character "arcs," gets "hotter than a wet switch''; a nosey one gets "ideas his head ain't insulated for." Like the piano playing of the villain, the plot is as "complicated as a six-track interlocking," contains as many trick effects as an electrical exposition. But when Author Haines writes straight description of wiring a low tunnel, his story delivers useful power...