Word: railways
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Failing supplies via India, China must fall back on two devious, difficult routes from Siberia, across the long reaches of Mongolia and Sinkiang. Truck roads, now built and usable, touch Russia's trans-Siberian railway system at two points. Over these lines recently China has received some of Russia's captured German booty-Mauser rifles, machine guns, antitank and anti-aircraft guns. But Joseph Stalin's own interior war traffic jams his railways, and his outward routes to the United Nations are none too sufficient and secure...
...Martaban had fallen and Japanese troops had made a second crossing of the treacherous Salween River. But Martaban, choked with decades of the Salween's silt, has little or no strategic value as a port for water-borne assault against Rangoon, across the Martaban Gulf. The Martaban-Rangoon railway is a flimsy affair. And troops crossing the Salween near Paan, 90 aerial miles from Rangoon, were met last week by deadly accurate British Blenheims, sowing thousands of pounds of delayed-action fragmentation bombs that cut the invaders to shreds...
...Norway, whose shipyard and factory workers are masters of the invisible slowdown, hate erupted like hot lava when Vidkun Quisling was installed as puppet Premier. Ready for action stood German troops with fixed bayonets, German tanks with troops inside. Nevertheless, two railway stations and the National Theater in Oslo were set on fire, bombs were tossed into a university building and into the House of Parliament. When arch-quisling Quisling stepped toward a balcony to receive the crowd's plaudits, the searchlights went out. Someone had cut the cables. Thirty-three friends of King Haakon were taken as hostages...
...thus cutting their Government debts to $455,244,000, less than half their total original borrowings. Moreover, many a railroad learned well the No. 1 lesson of the '30s: that fixed charges, if not reduced in good times, are the surest way to go broke in bad. Southern Railway in December paid the last of $10,000,000 bank loans; Atchison, Topeka & Santa Fe retired $28,070,500 of 4½% convertible debentures; New York Central is planning to pay off $16,000,000 bank loans due in 1942-44. Boston & Maine, Baltimore & Ohio and others are buying their...
...battle of Burma blazed along a 300-mile front. Japanese shock troops forced crossings of the Biliu River, but the British contended their defenses were holding against heavy assault--45 miles from the Rangoon-Lashio Railway, the last practicable Allied route into China...