Word: transite
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LOUIS WOLFSON'S strikebound Capital Transit Co. will be put out of business. President Eisenhower signed into law a bill passed by Congress revoking Capital Transit's franchise to operate in the District of Columbia, and giving the company a year to wind up its affairs. In the meantime, the District Commissioners will negotiate a new wage settlement with striking workers, foot the bill for any loss that Capital Transit might incur during the year because of a pay raise...
...Transit of Venus. It is the story of the first and greatest of Cook's tours which John Gwyther, a wartime Royal Navy officer, tells in Captain Cook and the South Pacific. A three-year circumnavigation of the globe (1768-71), Cook's voyage added Australia, New Zealand and a number of South Pacific isles to the then known world. Narrated by Author Gwyther with seadog relish, authority and profound professional admiration, Cook's epic journeyings have the fascination of an Odyssey from Yorkshire...
...campaign up the St. Lawrence against Quebec. Cook was 40 when he was chosen to skipper the Endeavour. By London's top scientists, the Fellows of the Royal Society and the Admiralty, he was handed a twofold mission: 1) he was to sail to Tahiti and observe the transit of Venus "over the disk of the sun"; 2) he was to search out "Terra Australis Incognita," a vast body of land presumed to extend westward from the tip of South America because it was theoretically necessary to counteract the weight of the Northern Hemisphere and so keep the world...
Even Capital Transit agreed that its employees deserved a pay increase, but President J.A.B. Broadwater asked: "Where will the money come from?" Most Washingtonians had no answer for this; they did, however, know where Capital Transit's money had gone. In 1949, when the North American Co. had to sell off Capital Transit under the death-sentence clause of the Public Utility Holding Companies Act. Louis Wolfson and friends bought control (46.5% of the shares) for $2,189,160. Capital Transit was a conservative old company, with a fund of more than $6,000,000 set aside...
...strike, Capital Transit blamed the District of Columbia Public Utilities Commission, which had refused the company permission for its fourth fare rise since Wolfson took over...