Word: traction
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Dates: during 1940-1949
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...midst of the elephants, appeared sober, chunky Roger Dearborn Lapham, the onetime shipowner who is now San Francisco's bustling new mayor. Mounting a soapbox, able Mayor Lapham gave the pigeon feeders an impromptu 15-minute lecture on the merits of unifying the city's traction system. Pointing to the elephants, he cried: "There stands an early outmoded form of transportation the likes of which we intend to get rid of in this town...
Behind the appointment, yet to be confirmed by stockholders, lies a struggle by Chicago's American Light and Traction Co. to boost the price of Detroit Edison stock. A.L. & T. holds 1,289,205 shares of Detroit Edison, which it purchased for $53 million. SEC has ordered A.L. & T. to divest itself of its Edison holdings. But the present market value at 19⅞ is only a little over $25 million. A.L. & T. naturally dislikes to take the huge loss...
...Hanna illustrates pioneer house construction by telling the story of Ancestor Washington ("Wash") Hanna's log cabin in Waterloo, Iowa. He skips his chance, however, to draw from the story of his distant kinsman, "President-Marker" Marcus Alonso ("Mark") Hanna (groceries, coal & iron, traction, banking...
...Public Member Wayne L. Morse. Brainy Wayne Morse, dean of the University of Oregon Law School, was an ace labor arbitrator on the West Coast, has moved impartially between labor's and industry's side on WLB. Last week, denying a wage increase to Los Angeles traction employes, he wrote...
...appeared that the attorneys, who argued before the State Commission for a year without questioning its jurisdiction, would have a hard time making a case. Said the Chicago Sun: "The net result ... is to leave Chicago's traction muddle exactly where it was when the fight for unification started 15 years ago, except that it costs more (8? instead of 5?) to ride the streetcars...