Word: weak
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Dates: during 1930-1939
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...proposed, as a substitute, an increase in carload rates ($3 and $6) to add between $100.000.000 and $125,000,000 per year to carriers' income (TIME, Nov. 2). But the Commission tied a strong string to its proposal: this extra revenue must be pooled and from the pool weak roads which could not pay their bond interest and other fixed charges must receive as outright gifts whatever they needed in cash to escape bankruptcy. Any balance in the pool thereafter might be distributed equitably among the other roads. In effect, under the I. C. C. plan, strong lines were...
...pool plan quickly came under critical fire. The I. C. C.'s intent, it was argued, was to ease the financial strain on roads that were weak because of their poor geographical position by having stronger and better placed lines contribute to their support during the emergency. While loans to pay fixed charges might not increase their actual debt, it did not bring them any closer to financial daylight. Critics also complained that the proceeds of any freight rate in- crease, under the A. of R. E.'s loan plan, would ultimately return to the strong carriers which...
...active management of Auburn was his own idea. When Mr. Faulkner accepted the position, Auburn stock sold at $200. A strong pool, which had already been operating for some time, later lifted it to $295, whence it dropped back to last week's $105. It was especially weak the day of Mr. Faulkner's resignation, on the rumor that he was dumping his holdings...
...outstanding swimmer developed last year was B. S. Wood '33, who now holds the 440-yard intercollegiate championship and will be captain this year. The team was strong in the free-style races but rather weak in the specialty events...
Married. John Held Jr. 42, cartoonist, author (Grim Youth, The Flesh is Weak), divorced last August by Mrs. Ada Johnson Held; and one Gladys Moore, 24, winner of a Galveston beauty contest in 1928 at which Artist Held was a judge; in Stamford, Conn...