Word: virtual
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Dates: during 1930-1939
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...always near the rocks. Since 1930, Government subsidies have helped keep its books in the black every year. Net of $1,007,213 last year was due largely to Government subsidies, plus the fact that the line's 18 small ships (none over 9,350 tons) share a virtual monopoly with the Italian Lines on the hemisphere's second richest trade route...
Most significant advance this year is the virtual disappearance of the familiar wobble-stick gearshift lever; almost all 1939 cars will sport some sort of steering-post-mounted gearshift either as standard or extra equipment. While most of these systems are merely conveniently placed substitutes for the old wobble-stick, some use the vacuum energy generated by the engine's air-intake systems to operate automatic clutching and transmission changing. A few 1939 models (with optional equipment) approach this trend's ultimate aim: to relieve the driver of all concern with transmission control, enabling him to give fuller...
...latent antiSemitism, and anti-Jewish Germany last week had a "misunderstanding." It occurred over a Polish passport law, effective midnight October 29, requiring Polish citizens abroad to revalidate their passports or lose their citizenship. Germany, fearful that many of her estimated 55,000 Polish Jews would thus become virtual "citizens" of Germany, seized on the law as a pretext to get rid of them...
Green Cheese. If the political potency of pension promises is the result of lunacy, then California is not alone in being moonstruck. Lee ("Pass the Biscuits Pappy") O'Daniel demonstrated the stump value of old age pensions in winning the Democratic nomination (virtual election) for Governor of Texas. Colorado is going gently broke because its promisers tried to give the oldsters too much ($45 a month). Last week Franklin Roosevelt, the smartest politician in the big U. S., recommended that the Social Security Act should be revised to extend its benefits to another...
...from the New York Central for $8,500,000. The road made money steadily for 15 years. But between 1927 and 1929 the Vans made a second, less prudent purchase. After a spectacular tussle with the Taplin interests (Pittsburgh & West Virginia R. R.), which resulted in a virtual corner on the stock market, they bought control of the Wheeling & Lake Erie...