Word: transite
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Dates: during 1940-1949
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...only two are bald) gather on the floor to smoke, talk politics, discuss sporting events, occasionally trade in 40 stocks and nine bonds for their own or customers' accounts. Of the 49 listed securities, four account for 75% of the trading (Washington Gas Light common and preferred, Capital Transit, Mergenthaler Linotype). Some days there are no sales...
Something more crucial than Bogdan Filoff's stomach ulcers was discussed in those feverish sessions. That something could only have been one thing: whether or not to grant Germany troop transit through Bulgaria or at least use of air bases in Bulgaria, so that the big end of the Rome-Berlin Axis could get the little end out of its Grecian swivet. The Bulgars' decision might make no immediate difference whatsoever: the Germans could undoubtedly penetrate Bulgaria whether the Bulgars wished it or not. But the ramifications of the decision might have heavy bearing on the outcome...
They heard, most persistently and reliably, that the Marshal was willing to cooperate with the Germans within reason, but that certain demands he would not accept. He would entertain no talk of transit across Unoccupied France for German troops, use of French naval bases by German vessels, least of all French military participation against Britain...
This brought under city ownership the longest underground transit system in the world-130 miles of subway routes (London. 75 miles; Paris, 70). Together with an additional 120 miles of elevated lines, it carried 2.255,000,000 passengers during the last fiscal year, more than were carried by any other railroad. But the below-cost 5? fare-politically inexpedient to change -has piled deficit upon deficit on New York's subways. Not until 1982 will the last of the present transit debt be paid off. Fortnight ago, an apprehensive Citizens Budget Commission put the total ultimate cost...
...Avenue route, four and a half years abuilding, cost $60,000,000, is the world's most expensive subway mile for mile. As an engineering feat, it is probably the most complex in railroad history. Within its short 2.2 miles, contractors burrowed under or over six other rapid transit tunnels, had to hold up the heavy overhead Sixth Avenue El (since torn down) and most of the buildings along the route with piles driven down to bed rock. The cut & cover method (trench-like excavation covered with wooden flooring) necessitated digging through a tangle of telephone cables, power lines...