Word: functionality
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...shipments: produce from California and Florida, coal from the Allegheny fields to the coast. The Norfolk & Western, the Virginian, the Chesapeake & Ohio find it possible to operate 120-car coal trains with a single powerful locomotive. These super-engines would represent a capital loss if deprived of their prime function of pulling long trains. The roads affected by the 70-car proposal figure that it would cost them $90,000,000 per year. The Brotherhoods claim that considerations of employe safety make it necessary. They say that hand signals cannot easily be seen from end to end of long trains...
...Commerce Commission, older than the Securities & Exchange Commission but much broader in scope than either of them, the Federal Trade Commission is one of those arms of the Federal Government which are so confusing to immigrants and children, fitting nowhere into the neat scheme of legislative, executive and judicial functions. 'Like most of the big independent boards and bureaus, FTC exercises all three functions at once. Founded during another reform era - Woodrow Wilson's New Freedom - FTC is charged with 1) prevention °i unfair competition, 2) enforcement of certain sections of the Clayton Anti-Trust Act, including...
...Well Supply Co., third biggest maker of drilling equipment in the land. Consideration in the deal was 108,402 shares of U. S. Steel common stock, then worth $16,000,000. Set up as a holding company for this stock was a company named Pittsburgh United Corp., whose principal function was to transform Big Steel's dividends into dividends on Pittsburgh United's 58.212 shares of preferred, 389,963 shares of common. Unhappily for the onetime owners of Oil Well Supply Co., this function soon became an empty one because Big Steel's dividends stopped...
...attended than President Roosevelt's weekend party at the Jefferson Islands Club (see p. 7) was the annual commencement of the J. Russell Young School of Expression this week in Washington. This school has no endowment, no buildings, but claims the White House grounds for its campus. Its function is to spot notable feats of word-spouting and to reward them with 50? diplomas, all "Doctor of Oratory,'' all cum laude or better. Its ceremonial dinner at the Mayflower Hotel brought 125 acceptances out of 130 invitations issued to Washington correspondents, three Cabinet members, one Senator...
...Army. But when he tried to turn out the lights per regulations, his patients threw things at him. Threatened with his revolver, "they howled with joy. threw all the rest of the things." Two shots over their heads brought an amused reprimand from the Colonel, who suggested: "The basic function of a Hospital, Private Bemelmans, is to cure men, not to shoot them...