Word: railways
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Railmen's Insurance. Although failing to fashion a crutch for the staggering railroads (see col. 1), Congress last week passed a bill taking railway employes out of the unemployment insurance systems of the States and putting them under a Federal system handled by the Railroad Retirement Board. Benefits: $1.75 to $3 per day for up to 80 days of idleness per year. Source of revenue: a 3% payroll tax on wages up to $300 per month...
Thousands of Sokols in their flashing uniforms-shirts of Garibaldi red, grey Czech jackets slung from their left shoulders, little round red caps with falcon feathers-last week poured into Prague's big, bustling Masaryk and Wilson (named after Woodrow Wilson) railway stations, stomped out to the mammoth Masaryk Stadium,* high above the silvery Vltava River and the cathedral towers of the capital. There, in white jerseys and blue trousers and skirts, they twisted and bent in mass exercise. Before the month is over, 160,000 members will have participated in such elaborate drills...
Japan's objectives in bombing Canton are: 1) destruction of the city's military defenses and crushing the southern terminus of the Hankow-Canton railway, China's main pipeline for supplies now pouring in through Britain's Crown Colony of Hong Kong. 90 miles south of Canton at the mouth of the Pearl River; 2) the demoralization of the civilian population. By the end of last week the first had not been achieved-Chinese anti-aircraft batteries still blazed away at the bombers, stores of munitions were still intact, and the vital railway was still open...
...Flash Gordon zip and gleam of modern, streamlined, air-conditioned railway travel have been taken for granted for years by cinemaddicts, toy makers, and U. S. travelers in the West. Last week Eastern railway passenger travel suddenly got Flashed up when two of the nation's most famous trains, New York Central's Twentieth Century Limited and Pennsylvania's Broadway Limited, were streamlined to the last rivet and brake beam and made into the first all-room Pullman trains...
...applecart of international finance. In 1922 Speyer's London firm dissolved; in 1934 the Lazard Speyer-Ellissen banks in Berlin and Frankfurt dissolved. Speyer & Co. also had its troubles in the U. S. Its share in foreign loans dwindled; its patronage of the St. Louis-San Francisco Railway Co. was profitable but it attracted the unfavorable attention of the ICC. Last week James Speyer, now 76, decided to retire...