Word: cabs
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...They keep talking about the iron curtain," complained a Rome cab driver last week, "but it's not the iron curtain that worries me. It's the green curtain that comes down every morning between me and my cabbage." In the argot of workaday Rome, the green curtain is the term used to describe the veil of mystery behind which the shrewd middlemen in the city's huge wholesale vegetable market operate to send the prices of simple foodstuffs soaring...
...SUBSIDY CUT will cost Pan American World Airways $9,800,000 annually, unless the company can change CAB's mind. After pegging Pan Am's total subsidy and mail pay at $24.1 million last year, CAB now thinks level is too high in view of airline's 9.6% return on its investment during fiscal 1956. Pending hearing, CAB has suspended all subsidy payments, will authorize only $14.4 million in actual service mail...
...Civil Aeronautics Board put out a big net, and they got me, a herring. The barracuda is still swimming around." With these words, a $10,065-a-year CAB trial attorney, Albert Ruppar, 47, shrugged off his dismissal from the board last week for violating the rule that prohibits CAB employees from buying airline stocks. For weeks CAB had been trying to find the man who on Aug. 2, eight days before the official announcement, had tipped off Wall Street about the board's decision to award New England's little Northeast Airlines a lucrative New York-Miami...
...from a broker friend. Ruppar got 500 shares at 10½, later picked up another 500 at around 12. After holding the stock for several days, he sold in the middle of a profit-taking drop, actually lost an estimated $1,600 on the deal. That left the CAB, the FBI and the Senate Investigations Subcommittee still looking for the barracuda. But the case had already served one good purpose: from now on CAB will announce its route awards as soon as it makes its decision, thus preventing anyone, inside or out, from making a killing...
Your article on Ellington was a most welcome diversion from the news of the Nile and the Democratic circus in Chicago. Only one criticism: the shot of the Cotton Club shows the highness of hi-de-ho, Cab Galloway, with the chicks, and not the Duke. Of course Cab spent many moons at that bistro. But please let this not discourage you from printing a shot of Duke at the Cotton Club...