Word: railways
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...close to the family domicile. He went to the University of Alberta, but determined to become an engineer, transferred to the Massachusetts Institute of Technology. On his return to Depression-struck Alberta in 1931, he took any work that he could find: straightening tracks on the Canadian Pacific Railway, and prospecting for gold along the Eraser River...
...emergency cutbacks amounted to nothing more than "a big political ploy to put the problems of the country on the backs of the miners. This kind of talk only hardens the attitude of the men." Aggravating the situation were two other labor disputes: engineers in power stations and railway workers refused to work overtime and Sundays until they received substantial wage increases...
...detailed in its 164 pages, S. 2767 would establish the Government National Railway Association, which would have 420 days to determine how much of the 30,000 miles of track should be retained before submitting a plan to Congress for final approval and funding. GNRA, or "Ginnie Rae," as railroad men are calling it, would issue billions in federally guaranteed bonds to satisfy creditors of the bankrupt lines (there is no precise limit). In addition, a new Railroad Equipment Authority would guarantee $2 billion of loans to finance the purchase of new rolling stock. Then Ginnie Rae would turn over...
...chief, Matsutaro Fujii, faces a daunting challenge in trying to restore the line's prosperity and revive the harmony that was once the hallmark of the "national railway family," or kokutetsu ikka. With trucking taking away most of its freight business and airlines slowly chewing into its passenger traffic, the railroad has been losing money since 1964. Last year its accumulated deficit stood at $2.5 billion; interest on its debt alone totals $2 million a day. Thus the line, which daily carries up to 18 million people, has been severely pinched for funds to improve its services and battle...
Those not unemployed usually find themselves in low-grade jobs with little prospect for advancement. Blacks are ubiquitous in such lower status and low-paying jobs as bus conductor, railway porter and hospital orderly...