Word: d
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Dates: during 1920-1929
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Their first contract came from S. D. Warren & Co., papermakers. It was secured partly through an ingenious stratagem of Employe Cartwright. At that time typewriters were extremely scarce and expensive, far beyond the means of the young firm. Nevertheless, when Paperman Warren came to Stone & Webster to discuss the contract, the click-click-click of a typewriter could be distinctly heard from a back room. "Ah," approved Mr. Warren, "you have one of these new writing machines. That is what I like to see?a modern, progressive spirit." After Mr. Warren had left, the typewriter was discovered...
Along the right of way of the Detroit, Toledo & Ironton R. R. grows many a carefully-tended flower bed. The crossing watchmen must keep their little shacks trim and orderly, the engineers must carry repair kits and act as veterinaries for minor ailments of their Iron Horses. But all D. T. & I. employes are happy to do extra chores for they are paid above the standard railway scale...
Last week, however, the D. T. & I. flowers drooped slightly and the employes were somewhat perturbed. The big-lettered F O R D on D. T. & I. bridges was destined soon to disappear. Henry Ford, owner of the D. T. & I. had sold his property to an unannounced purchaser. Agent in the transaction was the firm of Charles D. Barney & Co., Manhattan brokers. Probable real purchaser was Pennroad Corp., Pennsylvania Railroad holding company. Whoever the new buyer, the Detroit, Toledo & Ironton's Ole Massa had certainly sold it down the river...
Prosperous was the D. T. & I. under Ford ownership. When Mr. Ford purchased it in 1920 for $5,000,000, railroad men generally decided that the Ford transportation genius was confined to rubber-tired vehicles only. For the D. T. & I. staggered its 343 miles from Detroit and Toledo to Ironton, Ohio, in hopeless and continued depression. It made no money and showed no signs of ever making money. Owner Ford made it pay. He electrified 263 miles of it. He raised salaries that were accustomed to being reduced. He speeded up the freight service (passenger traffic has never been...
While Owner Ford was profitably retiring from his excursion into railroad circles, those circles were profoundly agitated by the probability that the Pennsylvania was behind the D. T. & I. purchase. Reasonable seemed this conclusion. Last month was purchased Canton, Baltimore's bustling freight and industrial suburb, by a similarly unnamed principal which later proved to be the Pennsylvania (TIME, June 24). Furthermore, the Detroit, Toledo & Ironton was one of the roads included in the Baltimore & Ohio's plan for a greater and longer B. & O. (TIME, March 4). Just as the Canton purchase was virtually a slice carved...