Word: railroads
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Dates: during 1960-1969
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...conscience of the white man has always been the Negro's potential ally. Even before the Abolitionists' underground railroad spirited runaway Southern slaves to comparative sanctuary in the North, there were white Americans willing to denounce, and even to oppose, a system that infringed the cardinal tenet of democracy. But white conscience has been too passive, too diffuse, too reticent a force, in part because the power of the individual conscience is difficult to pool, and in part because the cause of equal rights is such a massive undertaking. Now there is widespread evidence that the white American...
With vacant lots all but gone in the downtown areas of many big cities, more and more land-starved developers are literally buying up thin air. The technique is to acquire the right to use the open space over such low-slung installations as roadways, railroad yards and schools, and to fill that space with new buildings. In fact, many of the most dramatic real estate deals in recent years have involved not parcels of land but the so-called "air rights" above them...
Fifth-floor Cellar. There is little that is new about the use of air rights for construction; the idea got its first boost in the early 1900s, when railroads realized that there was gold in the sky above their facilities. In Manhattan, the New York Central began leasing air rights over its tracks running north from Grand Central Station. Today, many of Park Avenue's most spectacular glass-and-steel office buildings occupy railroad airspace; also over the tracks is the Waldorf-Astoria Hotel, which, without a basement, keeps its wine cellar on the fifth floor. The 59-story...
...Smith regime in Rhodesia, from which Zambia bought almost all of its imports. The government thereupon had to impose rationing, buy its goods in more expensive markets and ship by air and truck routes the bulk of the copper that once moved cheaply over Rhodesia's railroad to ports in Mozambique. As a result, Kaunda has had to curtail his $1.2 billion four-year development plan. Because of high black unemployment, average income is only about $200 a year...
...Penn Central, reporting for the first time since the Feb. 1 merger of the Pennsylvania Railroad and the New York Central, earned $13.4 million, or 16.6% more than last year's first quar ter, when the partners were competitors...