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Reorganization of railroads that went bankrupt before the war boom started is going to be just as drastic as if the war boom had not happened. Such was the gist of an ICC decision last week. With only minor changes it approved the New York, New Haven & Hartford reorganization plan, slashing capitalization from $475,000,000 to $365,000,000. The drastic part of this decision was that the reorganization completely wipes out the old stockholders, although in the first eight months of this year net profits totaled $11,350,000 -$5.77 a common share...

Author: /time Magazine | Title: Business & Finance: Stockholders Annihilated | 10/26/1942 | See Source »

...nothing to do with the dinner check. It's nobody's damned business. I paid it. The dinner was $7.50 a plate-not $6 as reported. The total was $369.55." Last week O'Donnell publicly admitted he had fudged his OWI budget figures, quoted the gist of Smith's letter...

Author: /time Magazine | Title: The Press: U. S. Propaganda | 10/12/1942 | See Source »

...proposals brought a spate of angry letters to the Times. The gist: "There is surely enough for the church to do within its own accepted field." One defender of the Archbishop popped up with a retort from the late G. A. ("Woodbine Willie") Studdert-Kennedy, best-loved British padre of World War I: "Nobody worries about Christ so long as He can be kept shut up in churches . . . but there is always trouble...

Author: /time Magazine | Title: Religion: 400-Year Advance | 10/12/1942 | See Source »

Such was the gist of a three-day powwow held last week by the 61-year-old American Transit Association. In Chicago's famed Palmer House, some 800 transit men heard enough criticism, ominous prediction and plain bad news to make most of them sorry they ever made the trip...

Author: /time Magazine | Title: Business & Finance: War Crisis | 9/21/1942 | See Source »

...gist of the gory story is that English physicians have been baffled in attempting to cure Lucy Seward. Played by Claire Birsch, Vassar '44, she is being preyed upon by Dracula. A Dutch specialist, Professor Van Helsing, is called upon to pit his wits against the deadly vampire, who died 500 years ago and has lived on by sucking the blood of his victims...

Author: NO WRITER ATTRIBUTED | Title: Vampires Vanquished In New HDC Thriller | 8/17/1942 | See Source »

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