Word: railroads
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Dates: during 1940-1949
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Signs of Peace. There were already other signs that peace was at hand. In Manhattan last week, 50,000 Western Union employees tore up their 25? demands, accepted a 5? "downpayment" raise. The oldest dispute in the nation was finally settled: on the Toledo, Peoria & Western Railroad, which had suffered more than five years of wrangling, Government seizure and bloodshed, culminating in the murder of President George McNear Jr. (TIME, March...
...soft-spoken Raymond Fernand Loewy, 54, a French-born engineer who parlayed a stake of 20? into a $3,000,000-a-year business in industrial designing. As one of the top U.S. industrial designers, Loewy's list of clients has grown to impressive lengths, including the Pennsylvania Railroad, Armour. Frigidaire, International Harvester, Lockheed, Greyhound, and 87 other big corporations. With a staff numbering less than 250, he has boldly taken on all comers. He designed the Studebaker car, the Lucky Strike package, refrigerators, stoves, radios, lipstick tubes, locomotives, ships, department stores, pens, and thousands of other items. (Almost...
...rooted and involved" humor. Kafka's cosmic comedy of man's foredoomed failure in his quest for God is brought down to earth and up to the minute by the use (in The Trial and The Castle) of all the adventitious paraphernalia of 20th Century living -telephones, railroad trains, banks, boardinghouses, taxicabs...
...Mallee's railroad sidings the mice scratched at the iron sides of wheat bins. The noise was like the splatter of freshly tarred gravel on a thousand auto fenders. Telephones crackled and spluttered as the hungry hordes chewed at the insulation on the wires. For the cats of Mallee it was the chance of a lifetime. But the mousers were sated. With mice by the millions in the fields and roads, the cats merely brushed the mice out of their paths...
...Young Sells. Alleghany Corp.'s Robert R. Young reported that he had sold his entire holdings of common stock, 27,306 shares, in Alleghany Corp., which controls his burgeoning railroad empire. But Bob Young said that the sale in no way affected control of Alleghany. The shares were transferred to his associate, Allan P. Kirby, so that Young would be eligible for the directorship representing preferred stock holdings. Added Young: "I probably will increase my holdings of preferred...