Word: gear
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...country's foremost transport tycoon by air, land and sea, last week added one more set-up to his system. Smith Engineering Co. of Cleveland was bought up by Cord Corp. which thereby acquired rights to manufacture Smith controllable pitch propellers. In airplanes, variable pitch propellers are like gear shifts in automobiles, allow engines to run at efficient speed under different load conditions...
This ancient bit of Federal law last week turned up as grit in the gear box of the Government's whole farm relief program. Did it mean that the Treasury could not pay Domestic Allotment bounties to farmers for plowing up cotton and cutting wheat acreage, without first deducting any debts these farmers happened to owe the Government? If so, some $200,000,000 in bounties would never leave the Treasury and farmers would get only a batch of receipted bills on their Federal loans. Or were bounties not "claims" against which farm loans could be collected...
...last week gave preliminary approval to a code adopted by magazine & periodical publishers. The code was drafted by a Periodical Publishers Institute formed in Manhattan to represent 6,800 publications of assorted sizes and hues- most of which are losing money. Prime problem: to gear a standard procedure to all publications, from the Satevepost to the Little Flower Monastery Messenger. Prime provisions (subject to amendment by NRA): 1) The Institute, headed by Stanley R. Latshaw of Butterick Co., "shall establish definite regulations . . . to prevent publication of misleading and/ or untruthful advertising." 2) "Circulation records . . . shall be open for inspection...
...Martin bomber is a mid-wing monoplane with retractable landing gear, two 550-h.p. Cyclone engines built into the wing. A transparent enclosed turret in the nose houses a machine gun crew. In tests the ship had to be throttled down to keep pace with its convoy of pursuit planes...
...must be recognized, however, that the new committee is faced with a real job in throwing the new plan into gear in two weeks. Undoubtedly some mistakes will be made, but with the goodwill and cooperation of all concerned, particularly the House Masters, this central bureau will go far towards correcting the present unfortunate situation and setting a model system for future years...