Word: tolls
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High costs have already taken their toll. Last year 22 dailies were suspended or merged, leaving 82% of all U.S. towns and cities that have newspapers with only one daily (v. about 40% in 1900). The Washington Times-Herald recently found rising costs too much to bear, sold out to Eugene Meyer and Philip Graham of the Washington Post. High costs have also made starting a big, new daily virtually impossible without millions in reserve capital...
...order houses in April reversed an eight-month slide, pushed 4.4% higher than a year ago. ¶The stock market hit another new high; Dow-Jones industrials rose 1.20, to 322.50. ¶The bond market was booming. Connecticut's first $100 million bond issue for its $398 million toll expressway was snapped up by 250 investment bankers. The Treasury Department offered $2.2 billion in 4¼-year notes, got so many orders that it had to turn down $7.5 billion...
...million, which the Treasury expects to recoup from toll charges. Eventually, by dredging the Detroit, St. Clair and St. Mary's rivers, ocean shipping may be able to reach Duluth and Canadian towns in the western reaches of Lake Superior...
...three other expensive cars. In the state capital at Tallahassee, the reporters dug into records, found that "food," supposedly for a group of laborers, whose salaries totaled $44,000 a year, cost $42,000. Among the items: $1.77-a-lb. steak, squab and imported hams. The highest-paid toll collector, the News reported, was an ex-convict. Several full-time highway employees listed as "painters" actually held full-time jobs elsewhere...
...Indictment. When the News called in independent toll-highway experts, the consultants reported tolls were collected on the Overseas Highway by the "cigar-box" method, which they called the "one for the bridge, one for me system...