Word: underbid
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Dates: during 1930-1939
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...carried the first scheduled passengers across the Alleghenies. Year later the company was reorganized as Pennsylvania Airlines. In 1934 it lost its mail contract in Postmaster General Farley's celebrated blanket cancellation. Complying with changed requirements, it extended its lines to Detroit, sought a new contract, but was underbid by a brand-new concern named Central Airlines which began flying the same route. Pennsylvania then reorganized as Pennsylvania Airlines & Transport Co. and acquired Kohler Aviation Corp., which had pioneered the airway from Detroit to Milwaukee...
...Harbertson of Ogden, Utah last week showed his colleagues how to increase their share of Death's dollar by going into the mortuary business himself. Because he saves double handling of the corpse and does not increase his overhead he has found that he can generally underbid local funeral parlors...
Presumably the worst nightmare a Sears catalog man can have is that a Ward man has learned in advance how much Sears is charging for votive candles or alfalfa forks and has underbid Sears by a few cents. To guard against such peeking, at the Chicago printing plant of R. R. Donnelley & Sons Co. (The Lakeside Press), which shares this enormous order with W. F. Hall Printing Co.. the production space allotted to Ward and that to Sears are as carefully separated and shielded from each other as girls' and boys' dormitories in a State University...
...criticism was that time & again bids from different companies for cement, steel and other goods needed by the Government have been exactly the same to the penny. Bidders explained that unless they filed prices available to the public and to all their competitors, they could not legally underbid one another for government contracts...
Loudest whistles of all came from the crowd when the bids of American Air Lines' inscrutable Errett Lobban Cord were read off. On the set-up presented by Mr. Farley, Errett Cord had been expected to underbid the field, capture a virtual monopoly of U. S. airmail. Instead, he bid so close to the maximum on eight routes, that he was heavily underbid on all but the Newark-Boston run. He stood to lose even his old southern transcontinental route, having overbid his nearest competitor for half the run by 10?. Obviously fear of Cord competition had caused other...