Word: roading
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Dates: during 1930-1939
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...January 1938, unable to borrow anywhere else, it got $8,233,000 from RFC to pay its wages (it already owed RFC $80,000,000). In June, without collateral for another loan, it met a $1,700,000 debt only because Jesse Jones arranged for PWA to buy the road's run-down Chesapeake & Ohio Canal, unused for 15 years, for $2,000,000. Last November the Interstate Commerce Commission allowed Dan Willard to cut his fixed charges $11,000,000 a year by persuading the bondholders to accept an eight-year moratorium on interest payments. Last week...
This measure, already passed by the House, is precisely the sort of legislation Chairman Burton K. Wheeler of the Senate Interstate Commerce Committee and the New Deal's braintrusters disapprove. Instead of putting such roads as the B. & O. "through the wringer" by wiping out junior securities and cutting down capitalization, it provides for voluntary adjustment of fixed charges between the road and its bondholders and for postponement of interest payments. Nonetheless, Chairman Wheeler, who could stop the Chandler Bill if he wishes, is letting it by with but one change-he intends to amend its technicalities so that...
...Most unusual feature of the band is the rhythm in which they play a great many of their slow selections--a type of bounce style that never is as tiring as the Goodman four-four "smack." As to what bounce is, combine the sensations of riding over a bumpy road, and Hedy Lamarr for best explanation. Listen to the band's recording of "My Blue Heaven" and you'll see what is meant. Besides playing excellent ensemble swing and "show" numbers such as "Put On My Old Grey Bonnet," Lunceford has one of the few colored outfits in the country...
...they are contradicting their own position since their cry has been to admit the all-around man rather than the so-called "grind." The proposal to assure admission to all Group IV men who have engaged in three or more major activities is rather shallow because it leaves the road open for the dabbler--a man who puts his fingers into everything, but does nothing well...
Couple of months ago, after 14 years' absence from the stage, John Barrymore, 57, four times married, took to the road in a play burlesquing his matrimonial life, My Dear Children. One of the "children" was Elaine Barrie, 24, Barrymore's latest wife...