Word: railroads
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...Army Air Service. As a barnstormer, he walked wings, became a master of every stunt a Jenny could be put through. Landing was just a matter of picking the likeliest-looking pasture; navigation was done by spotting the shape of rivers, or sometimes by swooping low over the railroad station to read the signs...
...need for U.S. trial courts with broader scope. In 1875, district courts were given jurisdiction over a wide range of federal questions. District judges now handle every sort of lawsuit under the federal sun-including antitrust cases, bank robberies, bankruptcies, draft evasion, obscenity suits, patent infringements, railroad disputes, tax dodging and habeas corpus petitions from state prisoners (up 36% since 1963). Also copyright infringements, kidnaping, moonshining cases, compensation for injuries at sea and auto accidents involving citizens of different states (20% of all civil cases), and such federal misdemeanors as trapping migratory birds, concealing letters in parcel-post packages...
...Interstate Commerce Commission approved the historic merger of the Pennsylvania Railroad and the New York Central last year, only to see it tangled in legal challenges. Last week-a year later to the day-the ICC bestowed its blessing on a rail merger that it hopes will be consummated with minimum delay. Highballed to join on June 1 were the Chicago and North Western and the smaller Chicago Great Western, whose get-together could save the two lines $6,000,000 a year...
...roads to discontinue several freight trains each and consolidate facilities at 28 points, including Chicago, Minneapolis-St. Paul and Des Moines. Not content with that, the North Western continues to hanker for control of both the Milwaukee Road and the Rock Island, just two of the sundry railroad-merger proposals still before...
Died. Ray Smith, 54, Dallas oilman and devoted sportsman, a railroad fireman's son who built a $75 million fortune by parlaying a two-pump gas station into a rich drilling and trucking operation-and then put fishermen everywhere in his debt with another natural resource, Panama's Pinas Bay, where, starting in 1963, he spent some $2,000,000 to turn an isolated patch of Pacific coastline into the handsome Club de Pesca de Panama, which, with its own amphibious plane service and a 15-boat fleet, opened the world's greatest marlin grounds to thousands...