Word: builders
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There is no easy or quick solution to the housing problem. Though long overdue, any program must be long range and well organized. All public measures must aim primarily at stimulating the private builder, for only he can supply the largest proportion of needed homes. Federal aid should provide for the income groups which he cannot help, partly because of inflated building costs. There must be Federal coordination from the top to aid and advise local groups, to plan better cities, and to prevent destruction of present facilities even for the purpose of improving them. No Utopia is in sight...
...comfort, a far cry from the jolting realities of everyday railroad travel. The truth was that the U.S. citizen, in his capacity as a passenger, had generally been regarded by the railroads as a damn nuisance. Until very recent times, the railroads have been mainly interested in freight. Empire Builder Jim Hill, gloomily contemplating one of his Great Northern Railway's Limiteds, once remarked: "A passenger train is like the male teat-neither useful nor ornamental...
Snap Judgments. The head and principal builder is dapper, soft-spoken Charles Allen Jr. (45), who has learned the tricks of his trade during 30 years in Wall Street. Born in New York, the third of seven children, Charlie Allen quit school at 15 to become a runner for the New York Stock Exchange, worked as clerk in a Wall Street house. When he was 19, he knew enough to start his own business as an over-the-counter dealer in unlisted securities. When his brothers Herbert, now 40, and Harold, now 37, had served their apprenticeships in the Street...
Chernus and the three other executives (two lawyers and a builder) have been equally smart about most of their dealings. They joined forces right after the war when house building looked like a sure bet. For months they combed the state for building materials, stockpiling it in warehouses. Their first development, 37 duplexes and 64 three-bedroom houses, sold so fast that they decided to step up their mass production technique...
Atomic Power. General Electric Co. announced that it will build an experimental atomic power plant to be completed in two to five years. In the plant G.E. hopes to use heat from atomic fission to run electric generating equipment. The builder: the Knolls Atomic Power Laboratory, which G.E. operates for the Atomic Energy Commission. The place: a secret...