Word: railways
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...world's greatest travel system" was back on a dividend-paying basis last week. The disbursement was small−50? a share. But it was the first the Canadian Pacific Railway has paid since 1932, when stockholders were lucky to collect a paltry 31¼?out of dwindling profits...
C.P.R. is much more than a railway; it operates on land, sea and in the air. Last year was the best in its history. Wall Street and Toronto brokers estimate that 1943 net will be better than the $2.63 a share earned, but not paid to shareholders, in 1942. The 12,000-mile Canadian Pacific Air Line, which blankets most of the Dominion with vital north-south routes, but is barred from the lucrative transcontinental service by the Government-owned Trans-Canada Air Lines, carried 71,000 passengers and 11.5 million Ib. of mail and cargo. Earnings from C.P.-owned...
...Coleman, who joined C.P. as a clerk 44 years ago, is not being stampeded into generous sharing of these profits. He wisely has used net to pay off large chunks of funded debt, and has hoarded cash for postwar rehabilitation. New trains and tracks will be needed by the railway. The ocean fleet, now acknowledged to have lost the 42,348-ton world-cruise liner Empress of Britain in the North Atlantic and the plucky 21,517-ton Empress of Canada in the shark-infested waters off West Africa, must be rebuilt to restore prewar transatlantic and Pacific services...
Charles Chaplin was indicted by a federal grand jury for two violations of the Mann Act. The comedian, who married 18-year-old Oona O'Neill last June, was charged with "causing to be transported Joan Berry ... by railway . . . with the intent and purpose of having the said woman engage in illicit sex relations . . . [Indictment 1] from Los Angeles to New York" and [Indictment 2] in the other direction. Joan claims that he fathered her four-month-old daughter Carol Ann. The grand jury also accused Chaplin of conspiring with others to influence Beverly Hills Judge Charles Griffin...
...Vinegar Valley. Serving this single great depot, carting inflowing supplies to their proper storage, is the SS & VV ("Sling Something & Vinegar Valley") Railway, 17 miles of track built by U.S. soldiers...