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...anyone doubted the President's view, he had only to consider: 1) the preliminary reports on gross revenues of 89 Class I roads in March, which showed a drop of 25.8% from March 1937, and 2) last week's action of the Atchison, Topeka & Santa Fe. Having lost $4,000,000 in the first two months of 1938, against a profit of $468,000 for the same period in 1937, the Santa Fe announced it would defer payment of 2% interest on its 4% adjustment mortgage bonds of 1995. This was no default because the interest...
Henry Clay French was an orphan who got a job as callboy on the Hannibal & St. Joe Railroad in Kansas City back in 1873. Learning telegraphy in his spare time, he was a full-fledged operator at 14, a combined telegrapher and brakeman on the Santa Fe three years later. For the next 50 years he was shunted from line to line like a boxcar in a busy season. He saw hard living in Kansas cow towns, hard drinking at Northwest division points, hard work everywhere. Last week his son, a brakeman himself, offered Harry French's biography...
...would presumably be produced by RFC. John Jeremiah Pelley of the Association of American Railroads nodded in approval. So did his committee of presidents: Frederick Ely Williamson of the New York Central, Ernest Eden Norris of the Southern, Samuel Thomas Bledsoe of the Atchison, Topeka & Santa Fe...
...conditioning, which began 30 years ago in a small way in business buildings, spread in a big way in theatres, then trains. Not until last week, however, was air conditioning brought to bus fleets. Santa Fe Trailways (controlled by the Atchison, Topeka & Santa Fe Ry.) announced that this month it would begin operating 50 completely air-conditioned busses between Chicago and points west to Los Angeles. The new busses, square-fronted and streamlined, have separate four-cylinder engines to operate the cooling and air conditioning mechanisms, maintain a constant temperature of 65°. Cost: $17,200 each...
...life but countryside. Result: a sheaf of landscapes remarkable for their suggestion of distances, land masses and weather moods, a soft poem of U. S. mountains as Pare Lorentz' documentary movie, The River (TIME, Nov. 8), is a hard poem of U. S. rivers. In Desert Near Santa Fe he caught with a series of fine washes, quickly dried with the brush, the 90-mile, lucent light of the Southwest; in Color Splendor he framed the broad Shenandoah Valley. Critics who doubt the permanency of soft poems noted that in at least one painting, Savage Trees, he swirled...