Word: railroads
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Gund, facing Graham at a news conference held yesterday, replied that housing constructed on the site would be cut off from the rest of the community. He noted that his property is bounded by warehouses, railroad tracks and the Charles River...
...Hong Kong, an agent of the U.S. Central Intelligence Agency slips into a railroad yard and checks the wear on ball hearings of freight cars coming in from China to try to spot unusual troop movements. Meanwhile, another agent goes to the Hong Kong central market and buys a large order of calf's liver from animals raised in China to run a lab test for radioactive fallout...
Rush was tough in those days. Toughness was his hallmark. There he'd be on an album cover: blue jeans, cowboy boots, striding down the railroad tracks playing his guitar. Or looking out over something with a cigarette dangling out of his mouth. He might sing Bo Diddley's "Who Do You Love?" ["I've walked 47 miles of barbed wire, use a cobra snake for a necktie...."] He'd sing songs like that in his guttural voice...
...century; in an era of trucks and pipelines it no longer carries enough freight to keep all the lines alive. On the other hand, Brinegar's belief that no federal money will be needed is almost surely wishful thinking. "There is no way for a bankrupt railroad to raise money other than through a federal subsidy," says one rail executive. "Even if we streamline our plant, we must still rebuild our tracks and yards and get new rolling stock." Much money will also be needed for severance pay to the union workers who would have to be cut from...
...Senate committee headed by Indiana Democrat Vance Hartke has been listening to other proposals, including outright nationalization of the Northeast lines, or nationalization of their rights of way and federal assumption of track maintenance in exchange for a toll charge paid by each railroad. Congress will have the final say, and if it cannot agree on some plan in about three months, the Government's hand may be forced by the federal court that is overseeing the Penn Central's operations in bankruptcy. Federal Judge John Fullam has given the railroad's trustees an ultimatum: devise...