Word: transitioning
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...display in the Coney Island yards of Brooklyn-Manhattan Transit Corp. last week was the first high-speed aluminum train to be tried on New York City's vast subway system. At leather seats, indirect lighting, pastel color schemes, chimes for sliding doors, subway sardines gaped in astonishment. But a modern subway train was not the only BMT exhibit of the week. Chairman Gerhard Melvin Dahl was busy giving the first successful demonstration of how to circumvent the Securities Act of 1933. BMT's toothy, argumentative chairman was not bothered by any looming bond maturities. That problem...
Shortly after 4 p. m., the great hay barn of the Union Stock Yards & Transit Co. was touched off, authorities believe, by a cigaret butt flicked from careless fingers. The hay acted as a blow torch on the surrounding tinder-like constructions of sprawling Packingtown, the vast stockyards area on Chicago's Southwest Side. Almost daily fires are extinguished in Packingtown. But when the dreaded "all-out" 4-11 signal clanged through the city's firehouses, firemen knew that this was no ordinary stockyards blaze...
...such old-school businessman. Born in Brooklyn 61 years ago, Henry Ingraham Harriman joined the New York Bar, went to Boston to make his fortune. He helped found New England Power Association (which developed the first major hydro-electric sites on the Connecticut River) and untangle Boston's transit tangle. Director in many a potent New England bank and industry, he owns a 200,000-acre cattle ranch in Montana, reads Greek for relaxation. He has been close to the New Deal from the start and his advice has been sought and taken. Of the millions of words which...
...Panama Bay. Thousands of officers and men were on shore leave, pending a leisurely fortnight's "fleet march" through the Canal, when Admiral David Foote Sellers, Fleet Commander, suddenly decided: "The presence of the Fleet at the Canal . . . presents an excellent opportunity to execute a movement involving rapid transit such as might be necessary in case of emergency...
...city's expenditures some $13,000,000 by salary reductions, furloughs, consolidation of departments, abolition of useless jobs, of which 1,010 were abolished at once. What made the bill seem a puny thing to the Mayor was that such populous and politically potent city departments as Transit and Education had been exempted by the Legislature from pay cuts and reorganization...