Word: railways
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...railroad-equipment field, Automan Budd cannily foresaw the end of the postwar rush for long-haul passenger cars, developed the Railway Diesel Car for economical passenger service for shorter runs. Thus, when the railway car market virtually vanished this year, Budd's foresight paid off: out of 18 passenger car orders placed with U.S. car builders this year, 16 are for Budd's new "RDCs...
Hours later the crew of another plane spotted her burned-out wreckage scattered over a narrow-gauge railway on the desert sands 55 miles northwest of Cairo...
Ports & Power. The Japanese were ready to spend money in order to make money. They gave Taipei, Formosa's capital, a government building which would do credit to most British colonies, developed deepwater ports at Keelung and Kaohsiung. Throughout the island Japanese engineers built 2,463 miles of railway, 11,300 miles of good road. They harnessed Formosa's short, swift-flowing rivers, built a large 300,000-kilowatt hydroelectric power station at Jihyuehu (Sun-Moon Lake). For other power sources, they worked Formosa's coal deposits, believed to total 400 million metric tons, and exploited...
...employment up, aftosa finally defeated, agriculture thriving. Then he paused, cleared his throat and in a dramatic voice announced the day's special surprise: "Only today we have been informed that the [U.S.] Export-Import Bank has assigned $150 million for our credit ... to be applied to railway improvements, highways, agricultural works including irrigation, and the expansion of electric power and communications."* The news of the biggest single U.S. loan to a Latin American republic in five years, kept secret till that moment so that Mexico's President might have the satisfaction of announcing it, fell flat...
...Despite Harry Truman's fuming that railroad strikers ought to be conscripted into the Army, it worked again in 1946, again in 1948. The new policy made a joke out of what for years had been recognized as the model machinery for settling labor disputes: the Railway Labor...