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...position in hauling coal and grain, and Johnson's support could improve the measure's prospects. Finally, the railroads have pressing tax problems, including the Internal Revenue Service's refusal to allow some $25 million in depreciation credits for tunnels and grading along tracks. J. E. ("Doc") Wolfe, the railroads' chief negotiator, finally got a promise from Johnson that he would arrange a future meeting between railroad management and Treasury Secretary Douglas Dillon to look into the "justice" of depreciation tax easements...
...Davidson, head of the Brotherhood of Locomotive Engineers, rose and said: "On behalf of all the organizations, I wish to say that while there are parts of your proposal that are not to our liking, we unanimously accept it." Now it was up to management, and Doc Wolfe summoned to Washington the presidents of nine railroads, who make up his advisory board...
Johnson and the railroad executives discussed at length the outstanding issues, then the Illinois Central's Wayne Johnston said quietly: "Mr. President, on behalf of the Illinois Central Railroad, I accept the proposal." Walter Tuohy, president of the Chesapeake and Ohio, began to add his assent, but Doc Wolfe interrupted. "Mr. President," he said in a hoarse voice, "on behalf of the carriers, I accept the proposal." The railroad labor dispute was over -after an angry disagreement that over the years went to three presidential fact-finding boards, the Congress, the U.S. Supreme Court, and countless times...
Duvalier last week also assured the 4,000,000 Haitians that they could not have chosen a better man for lifetime President if they had voted on it. "I am an exceptional man," declared Papa Doc, "the kind the country could produce only once every 50 or 75 years...
Before Jack ("Doc") Kearns died at 80 last year, he completed the manuscript of his memoirs, the gaudy story of his career as manager and trainer of prizefighters-the most famous of whom was Jack Dempsey. One chapter of that book, published in SPORTS ILLUSTRATED, contained Kearns's claim that he had packed the bandages on Dempsey's fists with plaster before the 1919 bout in which Dempsey gave Jess Willard a painful beating. Dempsey had no knowledge of the deed, Kearns said, and when SPORTS ILLUSTRATED approached Dempsey before printing the Kearns story, the old champ hotly...