Word: refurbished
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While she was being put back in shape, the rechristened Liberté tore loose from her moorings in a storm, knocked a hole in her hull and sank on a mud bank. The French Line spent almost $20 million to raise and refurbish the ship. The sum was roughly equal to the Europa's original cost, but it was only about one-fourth the postwar cost of building such a vessel. The French Line hoped the sleek liner would earn back the money on the profitable Atlantic...
...refurbish the Lurline, Matson Navigation Co. had laid out close to $19,500,000, more than twice the ship's original cost. The heavy expense forced Matson to shelve plans for rebuilding her two sister ships, the Mariposa and the Monterey. Even the Lurline was a gamble as competition from the airlines (Pan American and United Air Lines) has cut deeply into Matson's business...
...Yale, other colleges relied on rich or big-name alumni to put the bite on lesser grads.-In most cases, behind the alumni amateurs were professional fund-raising agencies. Northwestern University alone wanted $167 million; Columbia needed $100 million. Harvard thought it could make do with $90 million. To refurbish the Mark Hopkins log at Williams (at a cost of $2,500,000), President James Phinney Baxter III spent 24 days in one recent month chasing dollars outside Williamstown. (He felt, he said, like an "itinerant mendicant...
Superintendent John C. Tindall, who had taken over after the first killing, made no excuses. He had done his best to clean up the filth, weed out the crooked, underpaid staffers, refurbish inadequate and worn-out equipment. But he could do no more in the face of apathetic, economy-minded state legislators. Said Tindall bitterly: "More criminals have been made in this institution in the past 30 years than in any institution in the United States...
...Finnish exports went for reparations; in 1946, 30%; and the expected figure for 1947 is only 15%. This mushrooming trade, now largely with the U.S., has enabled Finns to paint their shutters, fix the roof of the sauna (Finnish bath), refurbish their wardrobes, repair streets and roads...