Word: sounders
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This nugget of railroad wisdom appeared last week in a letter to the contented stockholders of Chesapeake & Ohio Ry. For their approval President William Johnson Harahan submitted a plan to make C. & O.'s finances even sounder, more adequate, than they are now. The plan hinges on the creation of a new preferred stock which may be used 1) instead of bonds, to raise fresh capital and 2) instead of cash, to pay dividends on the common. The preferred as a whole would carry the right to elect one-fifth of the board of directors, and the first series...
...other leading figures in the Republican set-up of much sounder calibre. Frank Knox, a bombastic publisher and bitter foe of William Randolph Hearst, has called a truce in the Chicago newspaper war for the duration of the campaign, bearing out the old saying, "politics makes strange bed-fellows". Ranging next in importance behind the standard bearers one finds a line of mid-western politicians:--hardly men of cabinet timber or potential leaders in the government of the United States. Roy Roberts, Lacy Haynes, William Allen White, Hill Blackett, Robert P. Taft: these are the men who, presumably, will...
...Moines. No sounder token of his candidacy had he received when, on his arrival at Trenton, Mo., a woman held up an infant to the rear platform. Its name was Alfred Landon Claybrook, born June 30, 1936. Instead of kissing it the candidate patted its cheek, said: "He's a fine looking young man." After seven stops en route, the Landon Special pulled into Des Moines. The city's Democrats had apparently monopolized the streets near the railroad station to give the GOP Nominee the cold stare. Reception grew warmer as the procession reached the business section. Opposite...
...Hannibal, Mo. to help dedicate a Mark Twain Memorial bridge across the Mississippi. At Springfield, Ill. for Drought talks with Illinois officials, a telephone talk with Secretary of the Treasury Morgenthau gave him occasion to declare: "The obligations of the Government-of the United States-are on a sounder basis of credit than ever before in history...
...Oceanographer's master, Commander Harry A. Seran, believes that his work will provide one more aid for fog-bound liners coming into New York harbor. A ship equipped with an echo-sounder could pick up the gorge 130 miles out, follow it all the way in to Ambrose Channel...