Word: crash
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Dates: during 1940-1940
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...flying men for their long record of safety and reliability. The first B-17 cracked up and burned on test, but since the first Flying Fortress was delivered to the Air Corps, B-17s have flown about 8,000,000 miles, made many a long hop, without a single crash, through three and a half years. Up to last week most serious damage any of the big fellows had had was a buckled landing gear. Last week the spell was broken. Flying toward the mist-shrouded San Jacinto Mountains, 20 miles southeast of Riverside, Calif., a B-17 was heard...
Suddenly its left wing dropped and the arrow-straight line of its flight path was broken. Inside the cabin a woman screamed. There was a horrible crash as the big silver monoplane broke an electric line. Beyond, only a block from the field, she hit the ground, burst asunder. From houses near by, residents of Cicero Avenue rushed to the wreck, carried out six dead, four who were to die before week's end, six who survived...
...Chicago sped Civil Aeronautics Bu-reaumen to investigate the third fatal crash on U. S. airliners since Aug. 30, after a flawless 17 months in which no airline passenger was killed. The cause of Trip 21's crash was a matter for public hearing, laboratory inspection of her engines, props and other remains. First news reports were that ice brought her down. United denied this report, pointed out that if Trip 21 was taking on ice. Pilot Scott would have reported it as airline rules prescribe, pointed out, too, that many other runs came in around the same time...
...crash put Franklin Roosevelt's new CAB on a hotter spot than ever. Thirteen of the airlines' perfect 17 months were flown under the supervision of the old Civil Aeronautics Authority. By Presidential order, CAA was taken from its independent status last May, made a bureau under the Department of Commerce. Part of the order abolished the independent Air Safety Board. Last week, while many an airman talked behind his hand of disorder and dissension in the new bureau. Senator Pat McCarran once again trumpeted the same charge from a Nevada mountaintop. "Chaos and confusion" in CAB, cried...
...Trader Livermore was hired to push Piggly Wiggly stock. He pushed it 52 points in a single day and cornered the market; the Stock Exchange had to set aside its rules and allow shorts five days to cover. In the 1925 wheat market ending with the Black Friday crash he bought grain in 5,000,000-bushel lots while the market was rising, turned bear at the top and sold 50,000,000 bushels short for an approximate profit of $10,000,000. Quietly sensing the end of a falling market in 1927, he bought Mexican Petroleum, pushed...