Word: transport
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Dates: during 1950-1959
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...chores of the twelve U.S. pilots and six U.S. mechanics who operate the institute's airline. Between missionary jobs, the line operates for a profit. It takes oilmen into the interior on charter, serves as a jungle feeder line for the Peruvian army's air transport. Rates are moderate, but in a year the S.I.L. can gross some $35,000 from charters. It needs the money, for this airline consists mostly of planes it did not pay for, and of pilots it does...
...unionism, where skilled laborers and craftsmen are fighting for their due in a world of monolithic industrial unionism. The Motormen's Benevolent Association, made up of 80% of the subway motormen, had been fighting the domination of the city's transit system by a powerful professional Irishman, Transport Workers Union President Mike Quill, and the determination of the mayor's Transit Authority to deal only with politically powerful T.W.U. Last year, when the motormen challenged Quill in a fight, a state supreme court enjoined M.B.A. President Theodore Loos and three other leaders from striking. Last week, knowing...
Among 977 passengers aboard the 11,828-ton troop transport General Anderson that sailed from Yokohama last week, bound for San Francisco: Army Private William S. Girard, 22, and his Japanese bride Haru ("Candy") Sueyama, 27. Five months before, wild eagle screams had sounded across the U.S. when the U.S. Supreme Court ruled that Girard, accused of shooting a Japanese woman in the back on a firing range, would have to stand trial for manslaughter in a Japanese court; from Capitol Hill to Girard's home town of Ottawa, Ill., flag-waving orators, commentators and editorialists deplored handing over...
...find in the nearby Kenai national game preserve (see map). So promising was the well (900 bbl. a day) that the companies are prepared to sink $100 million into the search for more. If they are just moderately successful, they will invest another $200 million in production, refining, transport and storage facilities. This would bring in still other industries, open a bright new era for Alaska that might well make the territory selfsupporting. But last week the best-laid plans of the oilmen were held up by a single, formidable obstacle: the big (7 ft. tall, 10 ft. long), shaggy...
...airlines' biggest problems is the virtual impossibility of getting equity capital when profits are falling. Warned Benjamin Clark, general partner of Manhattan's White, Weld & Co.: Unless the air-transport industry can earn the favorable opinion of investors, and in particular of the professional investor, "either the industry's progress will stop or the taxpayers will have to subsidize it again." So far are investors from that state of mind right now, said Clark, that "we can visualize the industry, even with reasonably good luck, being able to generate only $227 million of the $610 million still...