Word: postalized
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Died. Frank Harris Hitchcock, 65, Postmaster General in the Taft Administration, publisher of the Tucson Daily Citizen; of pneumonia; in Tucson, Ariz. As Postmaster General he started postal savings, parcel post, airmail...
...prisons last week President Roosevelt swept by a pen-stroke 64 drug-peddlers, 50 counterfeiters, 37 assorted thieves, murderers, white-slavers, violators of postal, immigration, bankruptcy and motor theft laws. At 95? each per day, it was costing the U. S. $52,000 per year to support them in jail. Signing the largest deportation order in U. S. history, the President consigned the 151 criminals, aliens all, to exercise their talents in their native lands...
Italy will get the biggest lot-62. To China go 16. England gets a murderer from Alcatraz. The lone woman on the list, a postal lawbreaker, goes back to Ireland...
...apartment. Wetzel made his clothes free. Kaskel & Kaskel gave him the latest designs in shirts and underwear, only asked that he let it be discreetly known where he got them. Black, Starr & Frost provided watches and cigaret-cases. Mrs. Clarence Mackay got her husband to let him send Postal telegrams for nothing. Mrs. Fish, Mrs. Gould and Mrs. Vanderbilt gave him passes on their husbands' railroads. He advised women on their clothes and social affairs and husbands did not distrust him. Among multimillionaires who, as Elizabeth Drexel Lehr says, "might hold up the market but could not prevent conversation...
...Postal's problem is not unlike that of many a common carrier. Its annual revenues, now about $28,000,000, are not sufficient to meet fixed charges after paying all expenses. The bondholders will have to take at least a temporary cut in their coupon rate, and the preferred stockholders, who have had no return for four years, will probably be asked to accept a less preferred position in the capital structure. Knottiest question will be the treat-ment of the common stock, all owned by I. T. & T. The Brothers Behn not only issued more than...