Word: townes
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Dates: during 1940-1949
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...Force plane for a bit of round-the-world congressional junketing (TIME, Sept. 12), Oklahoma's Senator Elmer Thomas whirled in bristling counterattack. He demanded that Defense Secretary Johnson furnish him detailed information on all recent trips made by Administration officials in military aircraft. Then he left town for the weekend...
...Boeing Airplane Co. is famed around the world as the nest which hatched the Flying Fortress and the B29. But citizens of its home town, Seattle, think of it in more practical terms-it is their biggest payroll and a financial well which waters the city and a great part of the country around it. This summer, with a postwar peak of 26,000 employees working on B-50s, on doubledecked Strato-cruisers and on sub assemblies for its jet-powered B-47, it was supporting one in seven families in Seattle...
...even granted the same recognition. When Mahwah appeared on envelopes, mail sorters sighed patiently, made a correction and directed the letter to Rahway or Mohawk. Last week the aroused businessmen of Mahwah took a quarter-page advertisement in the New York Times to set people straight about their town...
...matter with these fellows, anyhow?" asked Chief Warrant Officer Milburn ("Duke") Holmes of North Platte, Neb. "They won't accept our cigarettes and want us to smoke their smelly black tobacco. I haven't been able to pay for a glass of sherry in town-but they sure look as if they could use some extra money or some food...
...biggest obstacle to this sensible plan was home-town pride. Detroit refused to join, and Cincinnati, New Orleans and Pittsburgh have not yet decided whether to come in. But brokers in the other cities liked the idea. Instead of trading in only 14 stocks-as on the Minneapolis Exchange-the consolidated bourse would give Minneapolis floor traders 500 to deal in. They also liked keeping the whole commission for an out-of-town trade, instead of splitting it with a "correspondent" on another exchange. Businessmen also took to the idea of getting a wider market for their companies' shares...