Word: railways
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When Federal agents arrested young Lawyer Buckner as he debarked from the Queen Mary last week, they said his racket had been bonds of the Philippine Railway Co. When the bonds were down around $10, he got himself appointed chairman of the bondholders' protective committee. To boost the bonds, the Federals said, he flew to Manila and from there flashed word that he was getting the Philippine Commonwealth to take the issue over at $50 or maybe $65. The bonds shot up to $31 last January and February, crashed when President Manuel Quezon categorically denied his Government was buying...
Before his Manila junket, said the G-Men, Bondster Buckner had tried to get legislation through Congress which would have helped Philippine Railway Co. To help lobby his bills through, he threw a party for some Congressmen at the Carlton Hotel. To make it a real party, he flew five Broadway cuties down to Washington, including a morsel called Doris ("Peewee") Donalson...
Individual employers dismissed 30,000 strikers next day. Some 700,000 others were temporarily locked out. But the Daladier Government announced a policy of "appeasement," discouraged reprisals. However, the Premier immediately crossed Leader Jouhaux's name from the directorate of the Bank of France and several railway union leaders were booted from the National Railway Board. This was followed by a flurry of sympathy strikes. At Le Havre the 1,500 crew members of the Normandie were discharged when they refused to sail the liner out of port on schedule. Reservations on the Normandie, including that of Anthony Eden...
...Representative Arthur W. Mitchell of Chicago, only Negro member of Congress, last week lost his case before ICC against Chicago, Rock Island & Pacific Railway for kicking him out of a Pullman seat when one of its trains entered Arkansas, making him ride in a Jim Crow day coach (TIME, May 24, 1937). ICC ruled that demand for Pullman accommodations by Negroes is so small it would be unfair to ask railroads to Supply separate Pullmans so as to comply with local Jim Crow laws...
With the decree powers voted him by the Chamber before it rose (TIME, Oct. 31), the Premier: 1) requisitioned for the State the principal 26.000 miles of railway in France and its rolling stock; 2) sent steel-helmeted Mobile Guards to take away from alien workmen their permits to work in France, telling them on Saturday that if they came back to work Monday and showed a disposition to work Wednesday (General Strike Day), they would get back their cards Monday; 3) put on the alert the General Staff, the Army and all engines by which the State might reasonably...