Word: seaboards
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Dates: during 1950-1959
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While Government and industry spokesmen worried on about how to solve the crucial problems of the nation's railroads, the Interstate Commerce Commission last week took some levelheaded action. By unanimous vote, ICC approved the merger of two major Eastern seaboard soft-coal carriers, Norfolk & Western and the Virginian, allowed them to form a single system with assets of $970 million and 2,746 miles of track serving six states (see map). It was the biggest consolidation of two independent lines since ICC was formed in 1887, and one that President Stuart T. Saunders, who remains as boss...
...comes from a 30% interest in Saudi Arabia's Arabian American Oil Co., a 7% interest in the Iranian consortium, and a 50% interest in Caltex operations in Sumatra and elsewhere. To back them up, Texaco bought Trinidad Oil Co. Ltd. in 1956, last year added Seaboard Oil Co. Now with Superior, it gets big production in Venezuela's rich Maracaibo field, crude-oil reserves of well over 300 million bbl., plus excellent drilling prospects in Texas and Louisiana...
...arrive. Even as the lock gates yawned a welcome to the world's shipping, Midwestern industrialists began to count their gains. In a bow to the seaway's competition, Eastern railroads proposed a reduction of 10% to 30% on freight between the lake ports and the Atlantic seaboard...
...from their swains such modish endearments of the British '20s as a "tenderly" spoken "old blighter." Wodehouse heroes are often golfers, but they play upon courses which seem to be suspended in mid-Atlantic, uncertain whether to nationalize in yesterday's Surrey or today's Eastern Seaboard. His people voice such dated Americanisms as "bozo" or "They said a mouthful." and also manage to class themselves with London's Angry Young Men of today...
...Eastern Seaboard-the hour of shopping at the supermarket or of getting ready for a business lunch-when word flashed from Rome that a new Pope had been chosen. It was 9:07 a.m. on the West Coast-time to make breakfast or to drive to work-when the flickering radio signal carried the voice of Cardinal Canali announcing, in his soft, Italianate Latin: "Annuntio vobis gaudium magnum-habemus papam." The press, whose attention for days had been focused on the smoke signals from the Sistine Chapel, promptly provided both great clouds and small wisps of facts about...