Word: burlington
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Back interest alone amounts to $25,000,000. Numerous attempts have been made to reorganize the decrepit carrier, the last plan calling for RFC financing. But Jesse Jones had a "thought," which he borrowed from President Ralph Budd of Chicago, Burlington & Quincy...
...Jones suggested, each of the connecting carriers buying one piece. RFC would, if necessary, prefer to lend them the purchase price rather than try to resuscitate M. & St. L. itself with cash direct. The seven big lines-Great Northern, Illinois Central, Rock Island, Wabash, Milwaukee, Chicago & North Western and Burlington-seemed to like the Jones "thought." Adjourning to Chicago, they ordered a thorough technical investigation. RFC has a $340,000,000 stake in the U. S. railroads as a whole...
...Pilot Mal Bryan Freeburg of Northwest Airlines spied a flaming railroad trestle, flagged a crack passenger express to a stop with his emergency landing flares, saved many a life including that of Golfer Robert Tyre ("Bobby") Jones Jr. For that feat he received a gold watch from the Chicago, Burlington & Quincy R. R., $100 from the Chicago Daily News...
...CARNIVAL RESENT YOUR BIASED ARTICLE IN TIME NEXT YEAR PLEASE KEEP YOUR WHITE TRASH IN CHICAGO AND SEND US A GENTLEMAN REPORTER THE SHELBI Memphis, Tenn. Budd's Face Sirs: Very few of the newshawks, including TIME'S own experts, noticed a most interesting episode of the Burlington Zephyr's wonderful record-breaking trip from Denver to Chicago [TIME, June 4]: at almost the last minute and as the train was poised to make its eastbound leap from Denver, one of the essential armature bearings burned put. There was no spare part. President Ralph Budd...
Early one morning in Denver last week, President Ralph Budd of Chicago, Burlington & Quincy R. R., Manufacturer Edward Gowan Budd (no kin), many a Burlington and Budd technician, 20 newshawks and one burro boarded Burlington's silvery new high-speed Diesel-powered train. A full third of the way across the continent in Chicago that day, A Century of Progress was opening for its second year. Clackety-clack-streamlined, shovel-nosed Zephyr slid out of the Denver yards at 6.05 a. m. While passengers settled themselves in its three articulated compartments. Zephyr picked up speed. For a while...