Word: timed
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Dates: during 1930-1939
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...credo: "We stand for prices as low as manufacturing efficiency, economical distribution and raw material costs permit-prices productive of wider sales and wider employment." Litchfield's challenge: "That is the way to economic stability, which should be the goal of every responsible business leader at this time...
...August steam plant output jumped 21%. September told a similar story. Most acute water shortage was in TVA country, in New England (where August hydro output fell 34%), in the Middle West (where rainfall had been ⅓ to½ of normal). Part of last month's coal crisis (TIME, Oct. 2) was due to utilities' emergency demands. Another reason for the need for new generating capacity is the relatively small recent investment in utilities plants. In 1929 the utilities invested over $900,000,000 in new plant, topping a six-year average of about $800,000,000. Depression...
...founded the shipping firm of Moore & McCormack (now Moore-McCormack Lines, Inc.). Two years later the shoestring firm bought its first ship for $90,000 (cash: $15,000), christened it the Moormack, put $185,000 worth of repairs into its hull and went after business. From that time on the history of Moore-McCormack is the history of most of today's U. S. merchant marine...
...Marion Restaurant in Newark. N. J. a reporter of the Amsterdam News (Harlem Negro weekly) recognized a waitress, Harriet Mercer, who last summer sailed for France to marry Prince Batoula of Senegal (TIME, July 10). She had not married the Prince. Reason: "international complications," including publication of the fact that she had a husband, Pullman Porter Clarence Rollins. Said Harriet: "For all I knew Clarence was dead. The last I ever...
...Flying," writes Wolfgang Langewiesche, "is now possible for any person of normal intelligence who is in good health and is financially able to eat regularly." It costs $275 or less to build up the flying time required for a private license.* Thanks to the light loads their large wings carry, "light planes," which commercial pilots call flivvers, pop-bottles, and of which an unprecedented 2,500 are being turned out this year, are all but foolproof. They cost as little as $1,098 new, far less at secondhand, may be hired at 4? per seat per mile. In one such...