Word: railroads
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Dates: during 1940-1949
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...third year Air Law course which Dean Landis is now giving will be continued as a permanent course, and while similar instruction has been given at Northwestern and New York University, Harvard is pioneering in Air Law work. "The Air Law course," Dean Landis commented, "has an advantage over railroad and truck law courses in that it presents novel cases in the utility field and extends into the international picture...
...followed, much of Japan's machinery may go to aid in the reconstruction of China and other victimized countries. Some that cannot be removed will be destroyed because it formed the base of Japan's war potential. The remainder will be needed to rebuild the shattered railroad system and the cities...
...railroad system is heavily damaged. Port facilities for the most part are ready for use. once the mines are removed. The oil and chemical industries are pretty well smashed. So are public utilities-electricity, telephone and telegraph, water supplies, streetcar and bus systems. Steel mills and shipyards are damaged, but probably in better shape than most Americans think. The bombing program never called for complete destruction of the steel industry; the Japs were deliberatelv allowed to waste manpower on ships which were sunk as soon as they took to the seas. Long accustomed to disaster, the Japs themselves may well...
Politics & Potboilers. This exhaustive biography is valuable for the documentation it gives of Stephen Foster's politics. He wrote sentimental songs about the slaves, but did not believe they could be freed. His Pittsburgh family were fairly well-to-do (one brother was vice president of the Pennsylvania Railroad) and strong Democrats. James Buchanan, Lincoln's predecessor, was a relative by marriage, and for him Foster in 1856 wrote two campaign songs...
...Railroad Stocks. When investors heard that all carloads of westbound war freight stopped dead in their tracks, many unloaded their railroad stocks. On the New York Stock Exchange, values of railroad stocks were down one to five points. The Dow-Jones rail averages ended the week at 53.05, down 3.19 from the week before...