Word: transporter
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Dates: during 1920-1929
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Businessman Arnold Gushing Dickinson, president of the company, did sell it last week-to United Aircraft & Transport Corp. President Gordon Sohn Rentschler of Manhattan's National City Bank and his brother, President Frederick B. Rentschler of United Aircraft & Transport, had outbid Mr. Keys and others. The price was about $2,500,000 in United stock...
...greatest profits are expected from passenger transport over the tedious distances between U. S. and South American business centres. It still takes weeks to travel between the two continents by watership. Buenos Aires is 18 days from New York, Valparaiso 21 days. Distance has retarded U. S. exploitation and participation in Latin-American enterprises more than have differences in culture and language. National City and Chase National banks of Manhattan have already ventured into South America extensively. Officials of such banks and of industries with similar foreign enterprise will, the aviation companies confidently expect, travel often to South America...
Unemployment. "Schemes are being prepared for improvement of transport, stimulation of the depressed export trades, economic development of overseas dependencies...
...when able Pilot Wilmer Stultz killed himself and two passengers (TIME, July 8), a coroner's inquest ascertained last week. He was drunk. War flyers condoned. Most of them drank to steady their nerves when flying was killing. Plane travelers condemned. For their safety they need total abstainers. Transport companies replied. Their pilots shall not drink...
Transcontinental Air Transport. Plane between Los Angeles and Clovis, N. Mex.. train (Santa Fe) between Clovis and Waynoka, Okla.; plane between Waynoka and Columbus, Ohio, train (Pennsylvania between Columbus and Atlantic Coast ports. Time, 48 hours; fare, $345. Last week a demonstration run was made. Regular service begins July...