Word: rails
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Dates: during 1940-1949
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Deep in Communist territory to the north, 24,000 Nationalist troops held out in the ancient fortress town of Tatung (now an important rail junction) against a month-long siege by 80,000 Communists. In Jehol, Communists said that Chiang Kai-shek was massing for a drive against Chengteh...
Along the Third Rail. In Boston, Francis E. O'Malley, chased down the subway tracks by a policeman and a subway starter, was caught at the next station, declared he knew no reason for the chase, later was surprised to learn his pursuers had none either...
...Russians have dispatched, by rail, such heavy shipments of Jews from Poland to Vienna that the monthly influx has risen from 2,200 in May to 14,500 for July; a rate of 40,000 is indicated for August. The Russians have facilitated the passage of Jews from the Russian to the U.S. zone in Germany and thence to the underground. Thousands of Palestine-bound Jews have started their water jump from the Black Sea ports of Russian-controlled Rumania...
Cobalt Comeback. One of the first towns to revive was Ontario's Cobalt. Its fabulous story began in 1903 when Fred La Rose, a railway worker, picked up a piece of ore in an isolated rail cut. He thought it was copper; on assay it showed a phenomenal 13,000 oz. of silver to the ton. Prospectors poured in, and made one jewelry-store strike after another. In four years, 44 mines were opened. By 1916 Cobalt mines had produced 300,000,000 oz. of silver. By 1922 the richest veins had petered out and the price...
Some critics of the bill charged that boom earnings during the war were not a valid measure of a railroad's stability, made it too easy for shaky roads to qualify for refitted stockholders' management. Others pointed out that the bill exempts future transactions in rail securities from ICC and SEC supervision, leaving the field wide open for speculators. All agreed on one point: that the bill would reverse the usual position and give the stockholder a preferred position over the bondholder...