Word: freight
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Dates: during 1920-1929
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Died. John Morrison Hansen, 56, Board Chairman of Standard Steel Car Co.; at La Rochelle, France; of apoplexy. In 1894 he designed the first steel freight...
...impress on steamship lines the existence of his terminal, he hired two Norwegian tramp steamers and began to import to himself via Bush Terminal tons and tons of bananas from Jamaica. Today twelve steamers dock at the Bush Terminal on an average day, and one-fifth of the freight handled in New York passes through it. With quiet pride Mr. Bush says of his terminal : "I have built, and it is my creation...
...When railroads use freight cars belonging to other lines, they pay $1 per day. Last week the Boston & Maine purchased 2,000 new box cars, costing $5,000,000, from the Mellons' Standard Steel Car Co. Unique in the deal was the fact that the B. & M. will pay in daily installments of $1 on each car plus 5% on the unpaid balance...
...longer feared, has reached a position where it is looked to as the big benefactor in times of trouble. Only agreement of big business to maintain schedules can keep U. S. money flowing freely, send miners into the earth, steel workers to the tops of high buildings, loaded freight cars along new steel rails...
...sheer coincidence, the Interstate Commerce Commission last week modified railroad freight rates on "horses, mules, burros and asses in carload lots" in the western trunkline territory...