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Chicago's "L." In 1931 Chicago Rapid Transit Co. (elevated railway) carried 152 million passengers at 10¢ a ride. In 1929 there were 196 million passengers. The result of 1931's operations was a loss of $1,298,000 after bond interest. Last week no dissenting voices were heard when the company, which has not yet paid its 1930 taxes of $1,812,000, was petitioned into receivership...
Buses. Why did the Mayor in 1926-27 sponsor a franchise for Equitable Coach Co., later declared "a financial paralytic" by the State Transit Commission in ordering the franchise inoperative, when a company competing for the franchise had promised to operate more buses at a lower fare and posted a substantial guarantee? Why did the Mayor buy securities in Interstate Trust Co., later used in an abortive attempt to finance Equitable? How did it happen that one J. Allan Smith, Eqidtable's New York agent, bought Mayor Walker a $10,000 letter of credit (later extended...
...interrogation mark. In fact, he pushes him into a rear seat with so ungentlemanly a shove that it almost becomes a punch below the belt. It was not very long ago, was it, that the hall-mark of the sophisticated undergraduate was an intimate acquaintance with "Jurgen"? Sic transit...
...attempted to show how, in 1925, the Messrs. Hastings & Walker got into the Equitable Coach Co. deal, a grandiose but fruitless scheme to get a city franchise, start a bus line, swap stock and concessions with other municipal services and ultimately control the city's entire privately-owned transit system. "A little syndicate" was formed with $282,000 worth of contributions from three members: Frank R. Fageol of Kent, Ohio, builder of motor coaches; his vice president Charles B. Rose (now president of America-La France & Foamite Corp.); President William O'Neil of General Tire & Rubber Co. Senator...
Ganymede was in occupation, hidden from U. S. view behind Jupiter. Visible were Callisto, Io and Europa. Europa revolved into occultation. Callisto then proceeded into the planetary shadow where it was eclipsed. Only Io then was visible until Ganymede came out from behind Jupiter. Then Io began its transit across the face of Jupiter whose brightness made the duller satellite invisible, and Ganymede passed into the eclipsing shadow. Then all moonless looked nine-mooned Planet Jupiter...