Word: railroads
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Dates: during 1950-1959
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...body sway on the tee leads to flubs, which Frequent Partner Dwight Eisenhower calls "Hagerty Drives"). Hagerty was genuinely fond of Willkie. But his memories of the mismanaged Willkie train make White House Press Secretary Jim Hagerty, who has come to know more about running a tram than most railroad presidents, writhe in professional pain. The Willkie train often pulled out of wayside stations with reporters still standing on the tracks, and Wendell Willkie, thinking they were voters, waved farewell from the rear platform. When Jim Hagerty was press secretary to Tom Dewey a few years later, an officious Dewey...
...mighty industry has come upon sick and precarious times. Our railroads are in a very serious condition." Thus last week did Florida's Senator George Smathers, chairman of the Senate Surface Transportation Subcommittee, sound the keynote for a five-day public hearing in Washington. To the marble-pillared Senate caucus room he summoned a parade of more than two dozen railroad executives to describe what ails the railroads and suggest how to cure...
...hearings came at a time, said Smathers. "when the economic danger signals for the railroads have become even more ominous." Carloadings were down 19.8% last week from the same week last year, after ending 1957 at their lowest point since the 1930s. Net income in November, the last reported month, was down 33% from two years before. The business recession played its part in the railroad's current plight, but that was not the main problem railroadmen had come to lay in Congress' lap. The real trouble with U.S. railroads, said Daniel P. Loomis, president of the Association...
...prevents the road from raising rates or cutting out little-used and unprofitable routes. To dramatize his point, Perlman reported that a three-year-old request by the Central to cut rail and ferry service across the Hudson River into Manhattan is still pending, despite the fact that the railroad has lost $3,000,000 a year on the line during the period, "enough to provide a Chevrolet for each of the less than 4,000 commuters using the service." Perlman asked for changes in the law to let railroads set their own passenger fares and service, or at least...
Fresh Start. In Lyon, France, Railroad Employee Roger Clavey-Rolles, 35, charged with breaking into a woman passenger's sleeping compartment on the Narbonne-Paris Express, explained to police: "I wanted to begin the year in good company...