Word: rails
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Dates: during 1950-1959
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FREE baggage hauling will soon be stopped by eastern U.S. rail roads. The Interstate Commerce Commission has given 58 railroads east of the Mississippi (except New England) permission to charge 25? for every suitcase and 50? for each trunk a passenger checks through to his destination. (Baggage taken along by the passenger to his seat or bed room will not be affected.) FARMERS, whose estimated net 1953 income of $12.5 billion is 7% less than last year's, can expect about the same in 1954, predicted the Department of Agriculture. Prices of some farm products (beef, feed grains, wool...
...Government agencies in Washington are keeping mum. But the Weather Bureau has testified that the international system of weather reporting "is the very foundation of weather research. The network provides basic data which are essential to almost every major economic field -aeronautics, agriculture, atomic energy facilities, commerce, engineering, rail and sea transportation and the armed forces...
...contrary to all traditions of Anglo-Saxon justice to punish a man for high crimes, never telling him what they are, and never allowing him to make a defense. Those who rail against this sort of thing in Congressional investigations must also condemn the hasty British action. But if the Guianan officials are liable to jail sentences, their former position should not keep them...
...sales have soared from $56 million to an annual rate of $300 million (fiscal 1953 net: $8,000,000), and employment has more than doubled, to 22,200. The company has added so many new products-ranging from manhole covers to springs for cigarette lighters-that its rail and fastening business, which once accounted for 70% of its tonnage, now represents only 20% of production. Since 1945, C.F. & I. has risen from twelfth place to ninth among U.S. steelmakers, doubled its ingot capacity (2,466,570 tons...
...loss for 40 years." The new management canceled the losing business, dumped unprofitable products and added new ones. Only three of its four Pueblo blast furnaces were in operation; Franz started up the standby, a move which has since netted the company some $11 million. C.F. & I.'s rail output was inefficient, and a high percentage of C.F. & I.'s rails had to be rejected because the holes at each end were improperly drilled. Franz flew the drillers to Gary, Ind. to see how U.S. Steel did the job. C.F. & I.'s different plants didn...