Word: postalized
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Long has the Senate Interstate Commerce Committee considered the repeal of a law which commands that there must always be competition in the declining U. S. telegraph industry. Last January it got the opinion of the Federal Communications Commission: that Western Union and Postal Telegraph ought to merge, that there is not enough business to support both, especially Postal. The Senate did nothing...
Same month Postal came out of reorganization with a new capital structure, a new president (TIME, Feb. 12). Like all competent telegraph men, new President Chinlund was in favor of eventual merger too. "But," said he, "I don't believe in chasing rainbows." In his head were plans for mechanizing, cutting costs, more competition with Western Union...
Last week the merger rainbow, unchased by President Chinlund, unchased by the Senate, receded a little farther into the sky. RFC (with no objections from FCC) lent Postal $5,000,000, for seven years. Purpose: to help President Chinlund mechanize, cut costs, compete...
Every night for 37 years leathery, angular Arnold Friedman went home from his job as a Manhattan postal clerk to his attic studio in Queens. There he painted the people who had come up to his money-order window, the street scenes that had caught his eye. In 1937 he retired on pension, able at last to paint all day. Last Feb. 23 Arnold Friedman was 60. Same day the Metropolitan Museum of Art bought his painting Unemployable (see cut). By last week, when his one-man show opened in Manhattan's Bonestell Gallery, modest Arnold Friedman was making...
Professor Keynes now proposes that anyone affected by the plan who does not want to leave his "Deferred Earnings" in the Postal Savings Bank should be permitted to leave them with a trade union or Friendly Society. Planner Keynes is confident that in any case the Government would directly or indirectly receive the loan of nearly all these funds because Trade Unions and Friendly Societies are inveterate buyers of Treasury bonds...