Word: weekes
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Dates: during 1930-1939
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Three months ago some two-thirds of the railroads of the U. S. could be divided into two classes: those insolvent and those not yet insolvent. World War II's boom has not yet fundamentally altered the case. Two Government specialists last week suggested what could be done for the two classes...
...strong indication of the way out for railroads already bankrupt, hogtied in the Courts by common stockholders' claims, came last week from the Supreme Court. The Court was unanimous and its spokesman was Mr. Justice William Orville Douglas, who first made his jurisprudential name as a Yale Law School professor by analyzing bankruptcies for the SEC. Actually the case did not concern a railroad at all. It concerned obscure Los Angeles Lumber Products Company, Ltd. and was chosen as a kind of Schechter case for a New Deal test of Section 776 of the Federal Bankruptcy...
...more marvelworthy-in amount of truck that can be bought for $1,000, in adaptation to the problems of modern distribution of goods. Compared to a pleasure car the modern truck is intrinsically as beautiful, engineeringly more luxurious, commercially more important. For those who appreciate such qualities Chicago last week had its annual thrill - the truck show, or rather two of them...
...Pier, National Motor Truck Show, Inc. (grumbling that Automobile Manufacturers Association had hogged half of its exhibitors) put on a technical truckman's exhibit of new monsters, eight-wheelers, trucks that do two things at once. Individualist Henry Ford played along with both; until the middle of the week he exhibited at A.M.A., and then he moved his exhibit to Navy Pier and opened again...
...mighty grip on his firm's affairs. When he appointed executives, he is reputed to have made them give him undated resignations. When he wanted to tell them something, he called them to him, whether he was in his office or at his Gull Lake estate. Last week, however, it appeared that the autocrat of the breakfast foods, 79, had picked his successor...