Word: weekes
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Dates: during 1930-1939
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...Last week, like none but the greatest of white papers, the Courier had a war correspondent in France. He was a onetime Chicago postal clerk named Reno Walter Merguson, who fought with the U. S. Army in World War I, stayed on in Paris after the War as a tourist guide. He used to drive Negro travelers over the battlefields in an old automobile, send in items about them to the Courier. Presently Editor Vann gave him a full-time job as the Courier's European correspondent...
...mobilization of French colonial troops. His cable to the Courier revealed that France was raising a black army of 2,000,000 soldiers, 500,000 laborers. Including the Senegalese fighters who were famed for valor in War I, it is the biggest Negro army ever assembled. One week after Merguson's dispatch appeared in the Courier, the New York Times carried a wireless message from Paris confirming...
...liner Washington at Manhattan last week stepped a Wisconsin-born Britisher who looks more than a little like David Lloyd George: London's most famous merchant, 74-year-old H. Gordon Selfridge. To newshawks at the ship he said: "The opportunity to achieve . . . has been eliminated all over the world . . . everyone will be on salary . . . enterprise will be abandoned...
...annually. Bluest of blue chips, the rich, little (1,155 miles) anthracite road had skipped only eleven dividends since it began operations in 1848. For 25 years (1905-30) the stock seldom sold below 200. In 1912 it hit a peak of 395; in 1928 another of 375. Last week it could be bought for 5. Sic transit...
...last week Jersey Central went bankrupt, joined 81 roads (over 31% of U. S. railroad mileage) that have gone into receivership since 1931. Driven to the wall by seven consecutive whopping deficits, its first eight months' operations this year showed a $2,709,000 net loss. Of its once lush freight business, about 50% was coal and 40% manufactured goods, and neither recovered from Depression I. With heavy fixed charges on a bonded debt of $51,198,000, the strain of depression was too much. But the straw that broke Jersey Central's back was taxes...